Donald Trump’s tariff blitz has sent equity markets across the world in a tailspin. From US to Europe to Asia, investors are rattled as they try to grasp the magnitude of Trump’s tariffs. Wall Street saw its worst day in 5 years on Thursday, a day after Trump’s reciprocal tariff announcement. 7 large Nasdaq-listed tech giants, colloquially known as the ”Magnificent Seven” saw a market cap erosion of over $1 trillion. European markets tumbled on Thursday and Friday.
