The US stock market crash sets a record, with the Nasdaq index falling 10%! Trump: No talks on tariffs unless something great is offered to the US.

The latest tariffs introduced by US President Trump yesterday (3) have brought a huge impact to the risk market, and the US stock market was washed in blood after the opening last night, and the four major stock indexes fell miserably... And the White House also released news that the purpose of Trump's tariffs is not to negotiate, which has once again intensified concerns about the economic outlook. (Synopsis: Gold hits another all-time high!) Market "capital hedging" Trump's global tariff war, oil and U.S. debt volatility intensified) (Background supplement: scared collapse! Trump's reciprocal tariffs are "more aggressive than expected" Taiwan imposes an additional 32%, bitcoin pins are $82,000, and U.S. stocks are bloodied after hours) US President Trump launched his latest tariff plan after the close of the U.S. stock market in the early morning of yesterday (3), according to a statement issued by the White House, the tariff plan includes the establishment of a 10% benchmark tariff on all imported goods, and the implementation of higher reciprocal tariffs for specific countries, affecting more than 180 countries around the world, unprecedented scale. According to preliminary estimates by economists, these tariffs will directly affect about $2.5 trillion in U.S. imports per year, accounting for nearly 80% of total U.S. imports. Trump said the move was aimed at "rebuilding the competitiveness of the U.S. economy" and achieving "fair trade" by forcing trading partners to lower tariffs on U.S. goods. U.S. stocks closed down across the board, and the Philadelphia semiconductor index was bloodied by nearly 10% After the release of Trump's latest tariffs yesterday (3), Asian stock markets have taken the lead in reacting with declines, and after a day of fermentation, U.S. stocks opened even worse last night. According to Google Finance data, after the US stock market closed this morning, US stocks suffered the biggest one-day decline since 2020, the market value lost more than $3 trillion, and the four major indexes all recorded a sharp plunge after closing: Dow Jones Industrial Average: plunged 3.98%, or 1,679.39 points, closed at 40,545.93 points S&P 500: plunged 4.84%, or 274.45 points, closed at 5,396.52 points Nasdaq: plunged 5.97%, or 1,050.44 points, Close at 16,550.61 Philadelphia Semiconductor Index: down 9.88%, or 427.07 points, closing at 3,893.69 points In terms of individual stocks, large technology stocks were hit significantly, with Apple down 9.25%, Amazon down 8.98%, and Huida down 7.81% ... The market wailed. Gold and oil prices become more volatile In addition, gold prices soared due to safe-haven demand, and as of 9 a.m. on April 4, the August gold futures contract on the New York Mercantile Exchange was at $3,050 an ounce, up 3.5% in a single day and breaking through a record high of $3,000, reflecting concerns about uncertainty and inflation expectations. Oil prices were affected by a possible weakening of global trade activity, with West Texas Intermediate (WTI) futures falling to $72 a barrel, down 7.7%, the biggest one-day decline in nearly half a year, and Brent crude futures falling to $75 a barrel, down 6.8%. White House news: Trump tariffs should not be considered a bargaining condition Why did the risk market react so much? After Trump announced the latest tariffs yesterday, U.S. Treasury Secretary Benson commented that the United States would negotiate with various countries, and the tariffs did not take effect immediately on the day of the announcement, making the outside world think that there is still room for maneuver. However, according to sources quoted by the Washington Post, White House officials have now revealed that Trump's tariffs should not be regarded as the starting point of negotiations, but as a response to the national emergency, and the purpose of introducing tariffs is not for negotiations. But at the same time, Trump said in an interview with Reuters that if America's trading partners can offer something remarkable, they can negotiate tariffs, perhaps suggesting that things have a turnaround. Related reports Trump tariff nuclear bomb still has a turnaround? US Treasury Secretary: There will definitely be negotiations, advising countries not to choose to retaliate Trump declared a "national emergency" tariffs bloodbath Asian stocks, the Nikkei index fell 3%, South Korea held an emergency meeting: . Trump's tariffs remain unexploded, Fed's third leader: interest rates will remain unchanged for "a period of time", observe inflation risks (U.S. stocks crashed to a record, and the Fei Half Index plunged 10%! Trump: There is no need to talk about tariffs unless you provide something great about the United States" This article was first published in BlockTempo's "Dynamic Trend - The Most Influential Blockchain News Media".