Black Monday: How Trump’s Tariffs Could Trigger a Financial Crisis Similar to 1987
Key Highlights:What Is Black Monday?Tariffs and Their Role in Triggering a Market CrashThe Immediate Impact of Trump's TariffsThe Effect on Billionaires and Big BusinessWhat Does the Future Hold?Black Monday 1987 vs. 2025: Parallels and DifferencesIs Another Black Monday Coming?The term Black Monday has once again found its way into financial discussions, thanks to recent economic instability caused by U.S. President Donald Trump's global tariff policies. As global markets have been hit hard by trade tensions, the risk of a financial collapse similar to the infamous 1987 stock market crash looms large.What Is Black Monday?Black Monday, October 19, 1987, was one of the most severe stock market crashes in history. On that day, the Dow Jones Industrial Average (DJIA) plummeted by...