The announcement and implementation of new tariffs have sent shockwaves through global financial markets. Major U.S. stock indices, including the Dow Jones Industrial Average, S&P 500, and Nasdaq Composite, have experienced their most significant two-day declines since the early days of the COVID-19 pandemic. Investors are expressing concerns over the potential for a prolonged trade war, which could lead to increased consumer prices and slowed economic growth. Financial analysts are closely monitoring the situation, emphasizing the need for diplomatic solutions to prevent further market instability.