The US stock market has lost trillions of dollars in value in the days since President Donald Trump announced major tariffs on American imports.

That’s been a big blow to the finances of the many Americans who own stock — and an even bigger blow to those close to retirement.

As of Tuesday afternoon, the S&P 500 was down more than 11 percent since Trump’s announcement of the tariffs. Global stock indices, such as the Japanese Nikkei and the German DAX, have also plunged as the tariffs disrupt world trade.

Stocks recovered somewhat after Trump indicated that he’s in negotiations — including with countries such as Japan and South Korea — to broker what his press secretary Karoline Leavitt called “tailor-made” trade........

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