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Stock Market Today: Major US Indexes Fall as Trump Imposes New Tariffs


Published on 2025-02-11 09:41:10 - Newsweek
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  • Daniel Orton is an editor on the live news team at Newsweek, based in London, U.K. He was previously a video news editor at the company between 2017 and 2019, before spending several years as a senior video journalist on the social news team at The Wall ...

The article from Newsweek discusses the impact of new tariffs imposed by former President Donald Trump on the U.S. stock market. On the day the tariffs were announced, major U.S. stock indexes experienced significant declines. The Dow Jones Industrial Average, S&P 500, and Nasdaq Composite all fell as investors reacted to the news of increased tariffs on Chinese goods, which escalated trade tensions between the U.S. and China. The market's downturn was attributed to fears of a potential trade war, which could lead to higher costs for businesses and consumers, disrupt global supply chains, and slow economic growth. The article also mentions that these tariffs were part of Trump's strategy to pressure China into a better trade deal, although it resulted in immediate market volatility and uncertainty.

Read the Full Newsweek Article at:
[ https://www.newsweek.com/stock-market-today-major-us-indexes-fall-trump-imposes-new-tariffs-2029379 ]
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