welcome
USA Today

USA Today

US Politics

US Politics

What are tariffs and why are they affecting the stock market? Here's what to know

USA Today
Summary
Nutrition label

81% Informative

China and the European Union announced new trade barriers on Wednesday in response to President Donald Trump 's steep tariffs.

U.S. stocks are coming off their worst week since 2020 .

The S&P 500 joined the Nasdaq in a bear market defined as at least 20% below its recent peak.

The president continues to downplay the market's volatility, describing the tariffs as "permanent".

Small business owner?

Otherweb launches Autoblogger—a revolutionary way to bring more leads to any small business, using the power of AI.