<h1>Tariff announcement on Chinese imports rattles markets, triggering sharp equity declines and foreign fund outflows amid trade policy uncertainty.</h1> Announcement of an additional tariff on Chinese products triggered immediate market disruption, causing steep equity index declines and accelerated foreign portfolio outflows. The policy increased trade policy uncertainty and was viewed as a negotiation tactic in early administration policy, intensifying selling across technology and industrial stocks while some banking and energy names outperformed. Short term effects included intraday index falls, sectoral weakness, and measurable FII selloffs, highlighting market sensitivity to sudden trade policy shifts and the importance of monitoring cross border flows.