This is what a full-blown global trade war feels like. In what Wedbush's Dan Ives terms a "self-inflicted debacle of epic proportions," markets are on the cusp of a complete meltdown, with the Dow Jones index down 4 percent or 1,600 points, and megacap stocks in a freefall: NVIDIA is currently down a blistering ~8 percent, and Apple down another 4 percent after yesterday's ~10 percent fall. As we noted recently, President Trump has now imposed a baseline tariff of 10 percent on all US imports, plus a veritable host of reciprocal tariffs on some of the biggest trading partners of […]