President Trump's criticism of Federal Reserve Chair Jerome Powell and his tariff policies are causing significant market turmoil. Investors are increasingly worried, with the dollar hitting a three-year low and the S&P 500 losing trillions in value. The IMF warns of slowing global growth, while billionaires like Ken Griffin and Ray Dalio publicly express concern about the negative economic impacts of Trump's tariffs. Trump, however, remains defiant, suggesting he might reimpose tariffs within weeks.
Prepared by Christopher Adams and reviewed by editorial team.
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