• Trump’s tariffs throw global markets into turmoil
  • Dow Jones drops another 1,000 points
  • Trillions has been wiped off the stock exchange in the past week
Trump has hinted at reducing China's tariffs to get TikTok deal done
Trump has hinted at reducing China’s tariffs to get TikTok deal done Credit: Imago

Another disastrous day for the stock market has seen ‘Orange Monday’ begin trending around the world, as social media reacts to Donald Trump’s import tariffs and the effect they are having on economies around the world.

The Dow Jones dropped another 1,000 points today, with trillions of dollars disappearing from the US stock market over the past week, since Trump originally announced his global import tariffs.

With even islands full of penguins and no human life whatsoever unable to escape the US President’s tariffs, talk of another ‘Black Monday’ was doing the rounds in the media. The original Black Monday being the unexpected and sudden crashing of global stock markets on Monday October 19, 1987, which wiped $1.71 trillion off the markets in one day.

But as today’s opening bell drew closer, it wasn’t Black Monday that wasn’t being referenced on social media. Instead, among a flurry of memes, Orange Monday trended instead. The name change an obviously not-so-subtle reference to Donald Trump’s perma-tan

Orange Monday – All The Memes

World Leaders Plan Response to Trump Tariffs

In response to the tariffs, which have caused chaos in countries across the globe, not just the United States, world leaders are mapping out their response to avoid major economic downturns and possible recessions.

The EU, branded the “worst offenders” by Trump, have been hit with a 20% tariff, have been meeting in Luxembourg today to figure out their next moves, with European Commissioner for Trade and Economic Security Maros Sefcovic says the EU is “prepared to use every tool in our trade defence arsenal to protect [the] EU single market”, via the BBC.

In the United Kingdom, the FTSE 100 has seen a loss of $319 million in just three days as a development from the tariffs. The BBC have also reported that, “Asia-Pacific stocks from Shanghai to Tokyo and Sydney to Hong Kong plunged on Monday by levels not seen in decades.”

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Joe Baiamonte
Joe spent four years heading up SPORTbible’s editorial team before taking over at UNILAD Sport. Joe has regularly provided WWE coverage for almost a decade, interviewing many of the biggest names in the business and covering several major events in the United States and Europe, including four WrestleManias.
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