On Tuesday morning, the Dow Jones Industrial Average fell sharply by over 600 points, causing concern among investors. This downturn was directly linked to President Donald Trump's imposition of new tariffs, including a 25% tariff on imports from Mexico and Canada, and an additional 10% on imports from China. Fox News anchor Bill Hemmer reported on this market reaction, noting the President's stance that there is no room left for negotiation. Market figures show the NASDAQ also dropping more than 3.6% over two days, reflecting broader concerns about economic implications of these policies.
Now he's imposing a 25% tariff on all imports from Mexico, Canada, an extra 10% from China.
This is a deal that has set the market up starting today in the red sharp sell-off yesterday.
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