The stock market had its worst day since May after the government reported a sharp slowdown in hiring and President Donald Trump imposed sweeping tariffs on imports from a number of U.S. trading partners.

Stocks slumped after Trump announced tariffs on a wide range of countries. A weaker-than-expected jobs report magnified the concerns about how these import taxes would impact the…

Treasury yields also fell sharply, amid fears of a weakening economy and uncertainty from the US president’s trade policy.