Wall Street Update: Dow drops, S&P slides over Trump's new tariff threats

Market Reaction to Tariff Threats - The Dow Jones Industrial Average is down 250+ points in reaction to President Trump's new tariff threats [1] - The market's reaction to the new tariffs is described as "boredom," a "giant yawn" [2][4] - The S&P 500 is up approximately 0.1% for the week, indicating a flat market [7] Tariff Policy Analysis - Previous tariff announcements (Liberation Day part one) caused a 12% drop in the S&P 500, a significant crash [6] - The current tariffs are largely the same as previous ones [7] - The market's lack of reaction to the tariffs may lead the President to actually implement them [8] Economic and Political Implications - Economists predict that tariffs will eventually impact consumer prices [10] - Democrats are unified in criticizing the President's erratic tariff policies [11][12] - The President's actions are seen as unpredictable and disruptive to small businesses and consumers [12]