The Saudi stock market witnessed a significant downturn on Sunday, recording its biggest daily decline in five years with a 6.78% drop. This sharp fall was attributed to the imposition of new trade tariffs by the United States, causing a ripple effect across global markets and sparking concerns of a potential trade war. Leading sectors and major companies such as Aramco were severely impacted, resulting in a collective market value loss of more than half a trillion riyals. The repercussions of this downturn are being closely monitored by investors and analysts alike as they navigate the uncertain economic landscape.