Technology stocks in India witnessed a significant decline following President Trump’s implementation of new tariff policies, causing market panic. Apple took a hit, leading the sharp drop with nearly 9% decrease in its stock value. The Nasdaq Composite also suffered a significant blow, falling over 5%, marking its worst performance in five years. This market turmoil was triggered by Trump’s decision to impose tariffs on imports, including a hefty 34% tax on China, which has raised concerns about the possibility of a global trade war. The impact of these tariff policies has sent shockwaves through the technology sector in India, with investors closely monitoring the situation for any further developments that may affect the market.