Trump's tariffs on Canada, Mexico, and China cause market volatility and stock market decline

From Nasdaq: 2025-03-05 03:30:00

The Trump administration imposed 25% tariffs on Canada and Mexico, along with a 10% tariff on Chinese goods, causing retaliatory tariffs and stock market volatility. The S&P 500 fell by 2.96%, Nasdaq by 2.98%, and Dow Jones by 3.01% in response to the tariffs. Tariffs can impact inflation and the economy, potentially raising costs. A study found that tariffs could increase core inflation by 0.8 percentage points. Investors should avoid knee-jerk reactions, focus on strong investments, and maintain an emergency fund during market downturns to protect their investments.



Read more at Nasdaq: Trump’s Tariffs Take Effect: What Should You Do With Your Investments Right Now?