r/investing • u/ExtentFuture4133 • 2d ago

China retaliates with 34% tariffs on all US products

At the time of writing this Dow futures are losing 1400 points. Apple is down another 4.77% pre-market to $194, as it has 90% of iPhones assembled in China.

S&P 500 futures are down 3.5% and Nasdaq 100 futures down 4%. Us 10 yr at 3.905%. Vix volatility index spikes to 42.82, highest level since Covid

https://www.cnbc.com/2025/04/03/stock-market-today-live-updates.html

It is going to be an interesting day.

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u/supercommonerssssss 2d ago

Yeah, he is making everybody hate the US.

People across the world will begin boycotting American goods and travel in a way that won’t end when the tariffs are lifted.

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u/wotisnotrigged 2d ago

It's already started big time in Canada.

You're idiotic president disrespected our entire country and threatened our sovereignty.

This is very personal.

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u/ph1shstyx 2d ago

Weren't conservatives lining up to get the canadian government as well, until trump went all trump and it ended up shifting to the liberals because of how pissed off your citizens were?

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u/wotisnotrigged 2d ago edited 2d ago

The election isn't over but yea it's the largest electoral support swing in Canadian history.

There was talk of the liberals being so unpopular that they'd lose official party status. Carney read the room and put all his chips on defend Canada against Trump and he is now 7 points ahead.

There is only one election issue in Canada right now.

It's the most astonishing political thing I've ever seen in Canada. I grew up just outside the capital of Ottawa and am a big follower of politics.

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u/ArkamaZero 2d ago

Good thing, too. Canadian conservatives have been taking cues from our Republicans and Trump. Trust me, y'all don't want them getting even an iota of power.

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u/Ok-Object7409 1d ago

Way ahead of ya :) have been fact checking what I buy the past weeks to make sure it's not american