Even Elon Musk’s electric vehicle maker is bracing for pain from the trade wars, as stocks fall into correction territory.

President Trump’s tariffs policy has jolted investors and corporate chiefs, pushing the S&P 500 into a deep slump.Spencer Platt/Getty ImagesTariff pain spreads

After weeks of volatile trading and a blizzard of tariff threats and countermeasures, businesses and investors face one big question: Will a brewing trade war sink global growth?

Consider that the S&P 500 has cratered from a record last month into correction territory as President Trump’s protectionist policies continue to stoke uncertainty. The 10.1 percent fall since Feb. 19 is the seventh-fastest collapse into a correction since 1929, Bloomberg notes, and comes as voters begin to sour on Trump’s handling of the economy and C.E.O.s express alarm.

That puts added attention on Friday’s consumer sentiment survey, due from the

Keep reading this article on Andrew Ross Sorkin – Author New York Times.

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