As the global markets plummeted for a second consecutive day in reaction to Trump's tariffs announcement, he shared a video suggesting the crash is intentional.

President Donald Trump promised that his "policies will never change" as the market plunged following the announcement of massive tariffs.

The market reacted the past two days to Trump's Wednesday announcement that a 10% baseline tariff on imported goods goes into effect Saturday.

The Dow fell 10% from its record closing high in December, putting it on track to confirm a correction on Friday, after China retaliated with fresh tariffs a day after the Trump administration announced sweeping levies on trade partners.

Turmoil on financial markets deepened on Friday, as China hit back at tariffs announced by Donald Trump, raising the likelihood of an extended trade war and damage to the global economy. The S&P 500 index,

"It’s ridiculous. It shows no comprehension as to what he is doing to other countries. And it is going to hurt the U.S." Stock markets globally have been choppy in

S&P 500 companies lost a combined $2.4 trillion in stock market value in Thursday's selloff, their biggest one-day loss since the pandemic sent global markets into a tailspin on March 16, 2020.

The U.S. dollar sank against major peers on Thursday, dropping to six-month lows against the euro, and the safe haven yen and Swiss franc, as investors grappled with how U.S. President Donald Trump's far-reaching tariffs will impact global trade and economic growth.

US stocks tumbled on Thursday while the dollar slumped, as investors bet that Donald Trump’s sweeping tariffs would result in pain for the US economy. The S&P 500 fell 4.3 per cent in morning trading.