Tech Stocks Are Collapsing After Trump's Disastrous Tariff Stunt

President Donald Trump's major flip-flop on his aggressive tariff plan had global markets rallying on Wednesday. But analysts warned investors to look out for a "dead cat bounce," a term signifying a brief rebound during a moment of free fall or uncertainty. They were right to be skeptical. While Trump announced a 90-day pause of his aggressive so-called "reciprocal " tariffs, the administration still implemented a blanket ten percent tariff and maintained a steep 125 percent tax on Chinese goods. In other words, investors may no longer fear the worst-case scenario — but that doesn't mean the tariff war has magically ended. Today, Trump dug in his heels, escalating the US-China trade war by raising tariffs on the country from 125 to at least 145 percent, sending markets reeling once again. Even before the latest announcement, tech stocks were still looking quite rocky, with experts suggesting that market turbulence will continue. Even the European Union's announcement that it woul ... Read full article.