Trump Tariffs Erode $5 Trillion In Market Cap In 2 Days As China Retaliates, Jerome Powell Warns Of Inflation

The U.S. markets faced a severe downturn as tensions between the U.S. and China escalated following the announcement of new tariffs by President Donald Trump. What Happened: The stock market experienced a significant downturn on Friday, with S&P 500 companies losing $5 trillion in value since…