TrumpTèlǎngpǔ特朗普to announcexuānbù宣布global / worldwidequánqiú全球reciprocal / equivalentduìděng对等tariffsguānshuì关税,US stocksMěigǔ美股to suffer / to encounterzāoyù遭遇COVID-19xīnguān新冠sinceyǐlái以来largest / biggestzuìdà最大single-daydānjì单日sharp plunge / crashbàodiē暴跌。
Trump
Tèlǎngpǔ
特朗普
to announce
xuānbù
宣布
global / worldwide
quánqiú
全球
reciprocal / equivalent
duìděng
对等
tariffs
guānshuì
关税
US stocks
Měigǔ
美股
to suffer / to encounter
zāoyù
遭遇
COVID-19
xīnguān
新冠
since
yǐlái
以来
largest / biggest
zuìdà
最大
single-day
dānjì
单日
sharp plunge / crash
bàodiē
暴跌
Trump
Tèlǎngpǔ
特朗普
on (a date) / at
yú
于
April 2
sìyuè èr rì
四月二日
to announce
xuānbù
宣布
toward / against
duì
对
global
quánqiú
全球
all
suǒyǒu
所有
trade
màoyì
贸易
partners
huǒbàn
伙伴
to levy / to impose
zhēngshōu
征收
reciprocal
duìděng
对等
tariffs
guānshuì
关税
to trigger
chùfā
触发
US stocks
Měigǔ
美股
the following day
yìrì
翌日
cliff-like / precipitous
duànyáishì
断崖式
to fall / to drop
xiàdiē
下跌
Nasdaq
Nàsīdákè
纳斯达克
composite
zōnghé
综合
index
zhǐshù
指数
single-day
dānjì
单日
to plunge sharply
zhòngcuò
重挫
more than / over
yú
逾
1,600 points
yī qiān liù bǎi diǎn
一千六百点
S&P 500
Biāopǔ Wǔbǎi
标普五百
index
zhǐshù
指数
to fall
xiàdiē
下跌
4.84 percent
4.84%
4.84%
to set / to reach
chuàng
创
COVID-19 pandemic
xīnguān yìqíng
新冠疫情
since
yǐlái
以来
largest
zuìdà
最大
single-day
dānjì
单日
drop / decline
diēfú
跌幅
April 3, 2026 at 6:00 PM
United States
Měiguó
美国
president
zǒngtǒng
总统
Trump
Tèlǎngpǔ
特朗普
on (a date) / at
yú
于
April 2
sìyuè èr rì
四月二日
to announce
xuānbù
宣布
toward / against
duì
对
global
quánqiú
全球
all
suǒyǒu
所有
trade
màoyì
贸易
partners
huǒbàn
伙伴
to levy / to impose
zhēngshōu
征收
10 percent
10%
10%
structural particle
de
的
base / basic
jīchǔ
基础
tariff
guānshuì
关税
and / furthermore
bìng
并
toward
duì
对
multiple / several
duōgè
多个
countries
guójiā
国家
to impose additionally
fùjiā
附加
reciprocal
duìděng
对等
tax rate
shuìlǜ
税率
policy
zhèngcè
政策
to announce / to release
gōngbù
公布
after
hòu
后
US stocks
Měigǔ
美股
on
yú
于
April 3
sìyuè sān rì
四月三日
immediately in response
yìngshēng
应声
to drop sharply
dàdiē
大跌
to become
chéngwéi
成为
COVID-19 pandemic
xīnguān yìqíng
新冠疫情
since
yǐlái
以来
most devastating / worst
zuì cǎnliè
最惨烈
structural particle
de
的
trading day
jiāoyìrì
交易日
one of
zhīyī
之一
Nasdaq
Nàsīdákè
纳斯达克
composite
zōnghé
综合
index
zhǐshù
指数
single-day
dānjì
单日
to drop / to fall
xiàcuò
下挫
more than / over
yú
逾
1,600 points
yī qiān liù bǎi diǎn
一千六百点
S&P 500
Biāopǔ Wǔbǎi
标普五百
index
zhǐshù
指数
to fall
xiàdiē
下跌
4.84 percent
4.84%
4.84%
Dow Jones
Dàoqióngsi
道琼斯
industrial
gōngyè
工业
index
zhǐshù
指数
to plunge sharply
zhòngcuò
重挫
1,679 points
yī qiān liù bǎi qī shí jiǔ diǎn
一千六百七十九点
decline / drop
diēfú
跌幅
reaching / amounting to
dá
达
3.98 percent
3.98%
3.98%
tech stocks
kējìgǔ
科技股
and
yǔ
与
auto stocks
qìchēgǔ
汽车股
to bear the brunt of
shǒu dāng qí chōng
首当其冲
supply chain
gōngyìngliàn
供应链
highly
gāodù
高度
to depend on / to rely on
yīlài
依赖
cross-border
kuàjìng
跨境
trade
màoyì
贸易
structural particle
de
的
multinational
kuàguó
跨国
enterprise / company
qǐyè
企业
stock price
gǔjià
股价
to suffer / to be subject to
zāodào
遭到
significantly / sharply
dàfú
大幅
sell-off / dumping of shares
pāoshòu
抛售
market
shìchǎng
市场
analysts / market observers
fēnxī rénshì
分析人士
widely / generally
pǔbiàn
普遍
to worry / concern
dānyōu
担忧
sweeping / across-the-board
quánmiàn
全面
tariffs
guānshuì
关税
will
jiāng
将
to worsen / to intensify
jiājù
加剧
inflation
tōnghuò péngzhàng
通货膨胀
pressure
yālì
压力
to suppress / to dampen
yāzhì
压制
consumption
xiāofèi
消费
spending / expenditure
zhīchū
支出
and further / subsequently
jìn ér
进而
to trigger
chùfā
触发
economic recession
jīngjì shuāituì
经济衰退
European Union
Ōuméng
欧盟
China
Zhōngguó
中国
and others / etc.
děng
等
major / key
zhǔyào
主要
trade
màoyì
贸易
partners
huǒbàn
伙伴
swiftly / rapidly
xùnsù
迅速
to express a position / to state
biǎotài
表态
will
jiāng
将
to assess / to evaluate
pínggū
评估
countermeasure / retaliatory action
fǎnzhì
反制
measures
cuòshī
措施
global
quánqiú
全球
trade
màoyì
贸易
system / order
tǐxì
体系
to face
miànlín
面临
deep / profound
shēndù
深度
restructuring / reshaping
chónggòu
重构
risk
fēngxiǎn
风险
economists
jīngjìxuéjiā
经济学家
to warn
jǐnggào
警告
if
ruò
若
trade
màoyì
贸易
friction / tension
mócā
摩擦
to continue / to persist
chíxù
持续
to heat up / to escalate
shēngwēn
升温
global
quánqiú
全球
economy
jīngjì
经济
growth
zēngzhǎng
增长
expectations / projections
yùqī
预期
will
jiāng
将
to face
miànlín
面临
significant / notable
xiǎnzhù
显著
downward revision
xiàtiáo
下调
pressure
yālì
压力
News in English
BusinessUS Stocks Post Biggest Single-Day Drop Since COVID After Trump Announces Sweeping Reciprocal Tariffs
US stocks plunged on April 3, 2026, with the Nasdaq losing over 1,600 points and the S&P 500 falling 4.84%, after President Trump unveiled sweeping reciprocal tariffs on all global trading partners on April 2.
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ceasefire
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Snowflake
quarterly / fiscal quarter
jìdù
季度
revenue / earnings
yínɡshōu
营收
to exceed / to surpass
chāochū
超出
expectations / forecast
yùqī
预期
and / also
bìng
并
with
yǔ
与
Amazon
Yàmǎxùn
亚马逊
to sign / to conclude
qiānshǔ
签署
$6 billion
60 yì měiyuán
60亿美元
agreement / deal
xiéyì
协议
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China
Zhōngguó
中国
April
sì yuè
四月
industrial / industry
gōngyè
工业
profit
lìrùn
利润
to grow / growth
zēngzhǎng
增长
24.7 percent
24.7%
24.7%
China Industrial Profits Surge 24.7 Percent in April, Fastest Gain in Over Two Years
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Meta (company name, formerly Facebook)
Meta
Meta
to lay off employees / layoffs
cáiyuán
裁员
8,000 people
bā qiān rén
八千人
to accelerate / to speed up
jiāsù
加速
toward / to
xiàng
向
artificial intelligence
réngōng zhìnéng
人工智能
business / operations
yèwù
业务
to transform / transformation
zhuǎnxíng
转型
Meta Cuts 8,000 Jobs in Sweeping Restructuring Toward AI