Time for Defensive ETFs on Renewed Trump Tariff Threats?

U.S. stocks ended sharply lower on Oct. 10, 2025, after President Donald Trump threatened higher tariffs on Chinese goods, accusing Beijing of becoming “very hostile” with new restrictions on rare earth metals – a vital resource for technology and defense industries, as quoted on CNBC.Major indexes posted steep losses on Oct. 10, 2025. The Dow Jones Industrial Average plunged 1.9%, the S&P 500 dropped 2.71%, while the Nasdaq Composite sank 3.56% -- marking its biggest one-day decline since April 10. Prior t ...