💨 Abstract

On May 23, 2025, markets reacted negatively to President Trump's threats of new tariffs on Apple and the EU. The Dow, S&P 500, and Nasdaq all fell, while the VIX volatility index rose. The dollar weakened, and gold prices increased. Trump's announcement reversed recent market optimism over potential tariff reductions and fiscal reforms, reigniting trade war fears.

Courtesy: WTOP Staff