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US markets tumble as Trump confirms tariffs on Canada, Mexico

IndiaTimes Tuesday, 4 March 2025
US stocks sharply declined on Monday as President Trump announced a 25% tariff on imports from Canada and Mexico, effective Tuesday. The decision heightened trade war fears and considerably impacted investor sentiment, affecting major stock indices and causing a significant market downturn.
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News video: China Vows Retaliate After Trump threatens Another 10% Tariff Hike Including Canada, Mexico

China Vows Retaliate After Trump threatens Another 10% Tariff Hike Including Canada, Mexico 03:04

Trump has confirmed a new wave of tariffs set to take effect on March 4, targeting imports from Mexico, Canada, and China. A 25% tariff will be imposed on goods from Mexico and Canada, while an additional 10% duty will be placed on Chinese imports due to ongoing concerns over fentanyl trafficking....

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