Dow futures took a sharp dive Thursday pre-market trading after President Donald Trump rolled out broad tariffs, sparking fears of a global trade war. The White House confirmed a baseline 10% tariff on all imports,

Wednesday after President Donald Trump announced tariffs for all trading partners as investors fretted over increased prices and a possible recession.

The reaction to President Donald Trump's sweeping tariffs announcement didn't take long to hit the United States stock market, with Dow Futures plummeting 1,000 points by Thursday morning. The Dow Jones Industrial Average fell by 1,000 points or 2.4%. S &P 500 futures lost nearly 3% and Nasdaq-100 futures tumbled more than 3%.