Stock markets experienced volatility as President Donald Trump imposed tariffs on major U.S. trading partners, raising concerns about economic growth and inflation. The Dow Jones Industrial Average dropped significantly amid fears that these tariffs could harm the economy. While some manufacturers have announced new U.S. plants, critics argue that the tariffs will lead to higher unemployment, prices, and reduced competitiveness. Economists warn that if the tariffs persist, they could reduce economic growth and potentially trigger a recession. Retailers like Best Buy and Target anticipate increased consumer prices, while industries such as automotive and agriculture brace for adverse impacts. Despite administration officials’ confidence, business leaders express unease over the unpredictability of trade policies. — news from The Washington Post