Trump Tariffs Live Updates: U.S. Markets Plunge From Shock of Tariffs

Written by on April 3, 2025

The global economic system that the United States has shaped and steered for more than three-quarters of a century was animated by a powerful guiding vision: that trade and finance would be based on cooperation and consent rather than coercion.

That system, for all its faults, entrenched the United States as the world’s richest nation and its sole financial superpower. The rule of law and the stability and trust that this approach generated helped make the dollar the world’s go-to currency for transactions and America a center of global investment.



Current track

Title

Artist