The U.S. stock market is enduring a tough week, marked by a 3.6% drop driven by policy changes on tariffs from the White House. Investors' concerns over economic growth have been exacerbated by the imposition of 25% tariffs on Mexico and Canada, alongside additional tariffs on China. While temporary concessions were made to suspend tariffs on certain goods, the market did not respond positively. Major tech companies have been notably affected, leading to substantial declines; however, despite the current concerns, the overall economy remains relatively strong, according to experts.
The U.S. stock market faces significant turmoil after tariff policy changes, dropping 3.6% this week amidst rising concerns over economic growth and consumer sentiment.
Tariff threats from President Trump, thought to be mere negotiation tactics, have led to a major sell-off in technology stocks, contributing to the market's downturn.
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