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MARKETS PLUNGE AS TRUMP TARIFFS SHAKE GLOBAL TRADE

Mario Nawfal

@MarioNawfal
🚨🇺🇸MARKETS PLUNGE AS TRUMP TARIFFS SHAKE GLOBAL TRADE

Trump’s sweeping new tariffs on Canada, Mexico, and China sent markets tumbling worldwide, fueling fears of a major trade disruption.

The S&P 500 dropped 1.5%, the Nasdaq fell 1.8%, and Asian and European stocks plunged—Japan’s Nikkei and South Korea’s Kospi each sank over 2.5%.

Canada and Mexico vowed retaliatory tariffs as their currencies weakened against the strengthening US dollar.

With tariffs taking effect Tuesday, investors brace for more volatility.

Source: Reuters

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