20:37โขWall Street Loses $5.2 Trillion In Historic Post-Tariff Crash
โจThe newspapers extensively report on the catastrophic global market collapse following Trump's tariffs and China's retaliatory 34% duties (Adnkronos, ANSA, Corriere, HuffPost, Il Sole 24 Ore, La Repubblica, La Stampa, Sky TG24). Wall Street suffered its worst plunge since the COVID pandemic, losing $5.2 trillion in two sessions with the S&P 500 falling nearly 6% (ANSA, Corriere, Il Sole 24 Ore, La Repubblica, Sky TG24). European markets fared worse, burning โฌ820 billion, with Milan plummeting 6.5% and erasing all 2025 gains (ANSA, Corriere, Il Sole 24 Ore, La Repubblica, La Stampa, Sky TG24). Meanwhile, Fed Chair Powell warned that tariffs risk increasing inflation and unemployment, prompting Trump to tell him not to "do politics" (Corriere).