US Stocks Plummet: Sea, Microsoft and PAR Technology Shares Tumble Amid Escalating Trade War
2025-04-04
StockStory.org
The US stock market has taken a hit, with shares of Sea, Microsoft, and PAR Technology plummeting in the afternoon session. This downturn comes after China imposed a 34% tariff on all US imports, escalating trade war tensions. The move is a response to the Trump administration's announcement of 'reciprocal tariffs' the previous day, sparking fears of a prolonged trade dispute. As trade tensions rise, investors are bracing for impact, with key stocks feeling the pinch. The global trade war, tariffs, and US-China trade relations are set to remain major concerns for investors. With the market in flux, it's essential to stay informed about the latest developments in the trade war and their effects on US stocks.