President Donald Trump was ridiculed on social media for backtracking the 145 percent tariffs he imposed on Chinese imports and crashing the world economy in the process. Several critics on social media called out the commander-in-chief for "folding" to China amid massive pressure from economist to roll back his disastrous tariff plan.

The US stock market experienced its biggest losses since 2020 after former President Donald Trump announced a series of global tariffs. The Dow Jones, Nasdaq, and S&P indexes plummeted, causing widespread concern about the economic ramifications.

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