Trump Tariffs Wipe Billions from Markets as AI Stock Rally Stalls
President Trump’s announcement of 100% tariffs on China triggered massive market losses, erasing nearly $800 billion from tech stocks. The move halted the sustained AI-driven rally that had propelled markets to record highs. Experts analyze the implications for artificial intelligence investments and market stability.
Artificial intelligence stocks face unprecedented pressure as President Trump’s tariff announcement triggers the largest market decline since April, wiping out nearly $800 billion in value from major technology companies. The S&P 500 and Nasdaq Composite experienced their most significant single-day drops in months, halting what had been a sustained rally driven primarily by AI innovation and investor enthusiasm for companies like OpenAI and Nvidia.
