The term “Black Monday” is currently trending on social media platforms like Twitter due to escalating concerns over a potential stock market crash reminiscent of the infamous October 19, 1987, event when the Dow Jones Industrial Average plummeted by 22.6% in a single day. citeturn0search6

These apprehensions have been intensified by recent market volatility following President Donald Trump’s announcement of sweeping tariffs on imports from approximately 90 countries. The tariffs include a 10% levy on all imports, with higher duties targeting major exporters such as China, the European Union, Japan, and Vietnam, set to commence on April 9. citeturn0news14

In response to these developments, CNBC host and market analyst Jim Cramer has issued a stark warning, suggesting that if the administration does not engage with countries adhering to trade rules, the market could experience a downturn similar to the 1987 crash. He emphasized, “If the president doesn’t try to reach out and reward these countries and companies that play by the rules, then the 1987 scenario… has the most cogency.” citeturn0news14

The market’s reaction has been notably negative, with the Dow Jones falling by 3,910 points over two days, marking its worst decline since the pandemic. The S&P 500 and Nasdaq each dropped nearly 6%, resulting in a $6.6 trillion loss in market value. citeturn0news14

These developments have sparked widespread discussion and concern among investors and the public, leading to the trending status of “Black Monday” as individuals draw parallels between current events and past market crashes.

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