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Stocks fall after Donald Trump confirms tariffs will go ahead

U.S. Stocks fell sharply after President Donald Trump confirmed that tariffs on imports from Canada and Mexico would take effect shortly, leading the S&P 500 to drop 1.8%.
The tariffs announcement reduced the S&P 500's gain since Election Day to just over 1%, while the Dow Jones Industrial Average decreased by 649 points.
Manufacturers in China reported increased orders as importers rushed to avoid the higher U.S. Tariffs, indicating a response to Trump's trade policies.
Investor sentiment deteriorated as economic reports indicated households are becoming more pessimistic about inflation, coinciding with the market's recent decline.

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Asian tech stocks fall as Trump doubles down on tariffs, keeping investors on edge

Asian tech stocks were also under pressure from the 8.69% fall in artificial intelligence darling Nvidia's shares overnight.

2 hours ago·United States

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Associated Press News

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Asian shares fall after Wall St retreats on fears over hit to the US economy from Trump's tariffs

Shares have opened lower in Asia after U.S. stocks fell sharply just ahead of a new round of higher tariffs imposed by U.S. President Donald Trump. Tariffs of 25% on

3 hours ago·United States

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Asia stocks tumble after Trump tariffs

HONG KONG: Asian markets tumbled on Tuesday (Mar 4) after US President Donald Trump heaped tariffs on Chinese imports and warned levies on Mexico and Canada could not be averted. Japan's Nikkei and Hong Kong's Hang Seng saw the biggest drop, tumbling more than 2 per cent and 1.5 per cent respectively.

3 hours ago·Singapore

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