Impact of President Trump's Tariffs on the Stock Market

The stock market experienced significant declines due to President Trump's reciprocal tariffs, with the S&P 500 dropping over 5% in a day, leading to concerns about triggering circuit breakers. Analysts are split on the impact of tariffs on the market, with some suggesting potential serious damage. Circuit breakers were established after the 1987 stock-market crash to pause panic selling. Specific levels trigger trading halts, with the last time circuit breakers were activated being during the onset of the Covid-19 pandemic in 2020.