Wall Street tumbles in its worst day since April after Trump threatens more tariffs on China

Image: New York Stock Exchange. Image credit: Photograph in the Carol M. Highsmith Archive, Library of Congress, Prints and Photographs Division. Article by Seung Min Kim, AP. PBS News – October 10, 2025.

NEW YORK (AP) — A monthslong calm on Wall Street shattered Friday, and U.S. stocks tumbled after President Donald Trump threatened to crank tariffs much higher on China. The S&P 500 sank 2.7% in its worst day since April. The Dow Jones Industrial Average dropped 878 points, or 1.9%, and the Nasdaq composite fell 3.6%. Stocks had been heading for a slight gain in the morning, until Trump took to his social media platform and said he’s considering “a massive increase of tariffs” on Chinese imports. […]

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