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Stocks tank globally as tit-for-tat tariffs begin

  • US stocks slid sharply on Monday as investors braced for President Donald Trump's proposed tariffs on Canada, Mexico and China to go into effect.
  • The Dow Jones Industrial Average tumbled 650 points, or 1.48%, while the S&P 500 fell 1.76% and the Nasdaq Composite dropped 2.64%.
  • Tariff fears dominated responses to a survey, with respondents expressing uncertainty about how the tariffs would affect business.
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Barron's broke the news in New York, United States on Monday, March 3, 2025.
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