By John Towfighi, CNN

New York (CNN) — Stocks across the globe were lower Friday after President Donald Trump unveiled his plan for levying tariffs on trading partners, threatening to upend decades of international cooperation.

The Dow tumbled 615 points, or 1.4%. The broader S&P 500 fell 1.7% and the tech-heavy Nasdaq Composite slipped 2.3%.

The S&P 500 and Nasdaq were on track for their biggest single-day losses since May and April, respectively. The blue-chip Dow has dropped every day this week as Trump’s tariffs have come back into focus.

Trump late Thursday released his long-awaited plan for tariffs on US trading partners. The president laid out tariffs ranging from 10% to 41% on countries from Chile to Syria, set to take effect August 7 — which was later than expected.

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