Stocks fell in after-hours trading on Wednesday, after President Donald Trump announced sweeping tariffs on all imports into the U.S. in his attempt to rebalance global trade and "supercharge" the country's economy.

The Dow Jones Industrial Average and the S&P 500 rose during regular trading hours prior to the tariffs, but have since fallen. and 

The SPDR S&P 500 ETF Trust, which tracks the S&P 500, lost about 3.5% in after-hours trading, according to Investopedia. The Invesco QQQ ETF which monitors the Nasdaq-100 Index, shed over 4%. Futures tied to the Dow was down about 1,000 points, or 2.3% at time of publishing, per CNBC.

Shares in several major corporations also took a hit in after-hours trading, including shares in Nike and Apple, which were each down 7% at time of publishing. Tesla was also down 6%. Stocks in Gap and Five Below, which are big sellers of imported goods, were hit the hardest with shares tumbling 15% for Five Below and 8.5% for Gap. 

Misty Severi is a news reporter for Just The News. You can follow her on X for more coverage.