Wall Street sinks after Trump tariff threats, S&P, Nasdaq, Nvidia and Tesla plunge

Core Viewpoint - US markets experienced a significant decline following President Donald Trump's announcement of a potential "massive increase of tariffs on Chinese products," which has reignited concerns among investors regarding a renewed US-China trade conflict [1] Group 1 - The announcement of increased tariffs has led to heightened investor anxiety about the implications for trade relations between the US and China [1] - The potential for a trade conflict could adversely affect market stability and investor confidence [1] - The situation reflects ongoing tensions in US-China relations, which have been a critical factor influencing market dynamics [1]