Baidu Inc.'s stock price experienced a significant decline of 8.1% on Friday, October 10, 2025, following the unexpected announcement of an additional 100% tariff on Chinese goods by the US President. The news, reported on October 13, 2025, sent shockwaves through the market, causing a broad sell-off of U.S.-listed Chinese companies. The NASDAQ Golden Dragon China Index fell by 6.1% as a result. Baidu, along with other major Chinese tech firms like Alibaba, saw its shares plummet due to investor concerns about the escalating trade tensions and their potential impact on the Chinese economy and corporate earnings.