Markets plunge in reaction to Trump 'Liberation Day' tariffs

Stocks plunged Thursday morning as U.S. trading opened for the first time after President Trump’s announcement of heavy tariffs on nearly every nation exporting products to the United States.

The Dow Jones Industrial Average opened with a loss of more than 1,200 points, falling 2.8 percent on the day. The S&P 500 index opened with a loss of 3.3 percent, and the Nasdaq composite opened with a loss of 4.4 percent.

Trump announced Wednesday he would impose a 10 percent tariff on all imports...