U.S. stock market plunge as Trump's tariffs spark fears about a trade war

Traders work on the floor of the New York Stock Exchange (NYSE) in the Financial District in New York City on March 4, 2025. (Photo by TIMOTHY A. CLARY / AFP) (Photo by TIMOTHY A. CLARY/AFP via Getty Images)

U.S. stock markets plummeted on Tuesday morning as a new global trade war began.

(Image credit: TIMOTHY A. CLARY/AFP via Getty Images)