Trump Announces Canada/Mexico Tariffs To Start, Stock Market Drops

U.S. stock markets dropped markedly after Donald Trump confirmed today that his previously postponed 25% tariffs on imports from Canada and Mexico will take effect on Tuesday. So. Much. Winning. Dow Jones The Dow Jones fell nearly 650 points by close of day. The S&P 500 fell 1.8%, its biggest single-day drop this year. The Nasdaq fell 2.6%,  almost reaching “correction” territory defined as a drop of more than 10% from a recent peak. Watch the stock market ticker on Fox News drop in real time as Trump announced the tariffs will begin on Tuesday. There’s not enough champagne in Russia tonight.


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