The Dow Jones experienced a 0.94% drop, totaling nearly an 8% loss since February's peak, primarily due to President Trump's tariff policies. His decision to impose a 50% tariff on Canadian steel and aluminum has heightened trade tensions, further complicating the economic landscape. Concurrently, geopolitical concerns persist as Trump prepares to meet with Putin, leaving investors wary amidst recession fears. The ongoing conflict between Russia and Ukraine adds to the uncertainty, prompting a cautious approach among market participants, underlining the heightened risks to economic stability.
The Dow Jones closed yesterday's trading session with a 0.94% decline, marking a total loss of nearly 8% since its peak in early February.
Trump also demanded Canada immediately remove tariffs 'against American farmers,' threatening to 'significantly increase' auto import tariffs on April 2 if Canada does not lift other trade restrictions.
As recession fears intensify, investors have become more cautious toward risk assets, adding further pressure to the Dow Jones, extending its previous decline.
The global nuclear weapons threat is another key issue to watch.
Collection
[
|
...
]