Dow tumbles 650 points as Trump confirms tariffs on Mexico and Canada will start Tuesday
Headline from ABC 17 Mid-Missouri
By John Towfighi, CNN New York (CNN) — US stocks slid Monday as investors braced for President Donald Trump’s proposed tariffs on Canada and Mexico to go into effect by the midnight deadline. The Dow tumbled 650 points, or 1.48%, to close at 43,191.
ABC 17 Mid-Missouri's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.
By John Towfighi, CNN New York (CNN) — US stocks slid Monday as investors braced for President Donald Trump’s proposed tariffs on Canada and Mexico to go into effect by the midnight deadline. The Dow tumbled 650 points, or 1.48%, to close at 43,191.
By STAN CHOE AP Business Writer NEW YORK (AP) — U.S. stocks tumbled Monday and wiped out even more of their gains since President Donald Trump ’s election in November, after he said that tariffs announced earlier on Canada and Mexico would take effect within hours. The S&P 500 dropped 1.
Trump’s announcement dashed hopes on Wall Street that he would choose a less painful path for global trade, and it followed the latest warning signal on the U.S. economy’s strength.
