The Saudi stock market witnessed a significant downturn on Sunday, experiencing its largest daily decline in five years with a 6.78% drop. This sharp decrease was primarily sparked by the imposition of new US trade tariffs, causing a ripple effect across global markets and raising concerns about a potential trade war. Notable sectors and companies such as Aramco were particularly hard hit, resulting in a collective market value loss exceeding half a trillion riyals. The repercussions of this market turbulence are being closely monitored by investors and analysts worldwide.