President Trump has announced the implementation of new tariffs set to take effect this Saturday, with indications of additional tariffs to follow. This announcement has led to immediate volatility in the stock market, with significant impacts observed on Wall Street. The market reacted negatively to the news, reflecting concerns over the potential for escalating trade wars. Analysts are closely monitoring the situation as Trump prepares to initiate multiple rounds of tariffs in response to ongoing trade tensions. The developments have raised questions about the broader economic implications of these tariff measures.