The U.S. stock market experienced a sharp decline following President Trump’s surprise announcement of larger-than-expected tariffs on April 2. This unexpected move has led to increased volatility, as investors grapple with the implications for economic growth and business profitability. Analysts warn that the pain associated with these tariffs isn’t over yet. Market participants should prepare for potential downturns as the effects of these tariffs ripple through various sectors. Understanding this volatility will be essential for navigating the unpredictable market landscape ahead.