Wall Street's volatility index on Monday topped 50 points amid a broader rout in equities fueled by President Donald Trump's reciprocal tariffs. 

Trump imposed the steepest American tariffs in over a century on Wednesday, which caused a massive selloff on Wall Street. The selloff has deepened over the days, with stock futures continuing to plunge on Monday. 

The Cboe Volatility Index (VIX) jumped as much as +20.4% to hit a session peak at 54.53 points. On Friday, the VIX (VIX) leaped as much as +51.43% and soared +39.56% on Thursday. 

The CNN Fear & Greed Index has gone into Extreme Fear territory. 

Trump's sweeping reciprocal tariffs' announcement, followed by China hitting back with 34% tariffs on the U.S., has raised concerns of a global trade war. 

The imposition of the tariffs-which several analysts have deemed "more aggressive than expected"- hammered sentiment across the globe. U.S. growth expectations have soured, and recession odds have jumped. The VIX's movement implies that market participants are only expecting it to get worse from here.

"Looking to the week ahead, tariffs are clearly set to dominate the agenda, but the big question is also how other countries might retaliate. That’s something markets are watching for closely, as it was China’s retaliation that led to the fresh selloff on Friday. Moreover, if other countries retaliate, then that also raises the risk that the U.S. might raise tariffs even further, which is something they’ve warned about. So any signs of an escalatory spiral would pose an obvious downside risk over the coming days," Deutsche Bank's Henry Allen said.

Here are some exchange-traded funds focused on volatility: (BATS:VXX), (BATS:VIXY), (VXZ), (BATS:VIXM), (BATS:UVXY), (BATS:SVXY), and (BATS:UVIX).

And here are some ETFs tied to the benchmark S&P 500 index (SP500): (NYSEARCA:SPY), (NYSEARCA:VOO), (NYSEARCA:IVV), (NYSEARCA:RSP), (NYSEARCA:SSO), (NYSEARCA:UPRO), (NYSEARCA:SH), (NYSEARCA:SDS), and (NYSEARCA:SPXU).