r/investing 3d 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.

2.7k Upvotes

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u/Antifragile_Glass 2d ago

Casualties: the American people

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u/el_guille980 2d ago

poor americans and middle class

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u/Odd-Echo3245 2d ago

The middle will absorb it. We always do.

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u/[deleted] 2d ago

[deleted]

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u/Hurricane1123 2d ago

I didn't vote for this man. Quit lumping everybody into a singular group

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u/Odd-Echo3245 2d ago

I did not.