The announcement of new U.S. tariffs has led to substantial volatility in global financial markets. Major indices, including the Dow Jones Industrial Average, S&P 500, and Nasdaq Composite, have suffered their most significant losses since the early days of the COVID-19 pandemic. Investors are increasingly concerned about the potential for a prolonged trade conflict, which could lead to higher consumer prices and slowed economic growth. The uncertainty has prompted a reevaluation of investment strategies, with many seeking safer assets amid the turmoil.