After China's tariff retaliation measures were announced, the US stock market experienced a short-term plunge.

On April 9th: Following the announcement of the retaliatory tariff measures by China's Ministry of Commerce, U.S. stock futures witnessed a significant intraday decline. Dow futures dropped by more than 1.8%, S&P 500 futures decreased by 1.7%, and Nasdaq futures fell by 1.65%. Earlier, a spokesperson for China's Ministry of Commerce announced today that China has filed a lawsuit against the U.S. under the WTO dispute settlement mechanism regarding the latest U.S. tariff escalation measures. The U.S.'s so-called "counter-tariffs" blatantly violate WTO rules. The additional 50% tariff imposed this time only compounds the mistake and highlights the unilateralist nature of the U.S.'s actions. China will firmly safeguard its legitimate rights and interests in accordance with WTO rules and steadfastly uphold the multilateral trading system and the international economic order. (FX168)