According to Golden Finance, the decline of US stocks expanded in the early trading on Thursday, with the Dow Jones Industrial Average falling by more than 1,500 points and the Nasdaq plummeting by more than 1,000 points. U.S. President Trump announced an additional 10% to 49% "reciprocal tariffs" on almost all countries, a move that could trigger a global trade war and hit the already weak U.S. economy hard. The number of initial jobless claims in the United States fell unexpectedly last week. Trump's tariffs and OPEC+'s production increase plan have caused oil prices to plummet. The Dow Jones Industrial Average fell 1543.14 points, or 3.65%, to 40,682.18 points; the Nasdaq fell 1004.16 points, or 5.71%, to 16,596.89 points; the S&P 500 fell 246.47 points, or 4.35%, to 5,424.50 points.