economy
February 23, 2026
Stock markets stumble as global trade faces more Trump tariff uncertainty
US president’s international trade war spooks investors, with drops in US share prices after European losses
TL;DR
- Stock markets fell on Monday due to uncertainty surrounding President Trump's new tariffs.
- The Dow Jones, S&P 500, and Nasdaq 100 experienced drops after European markets declined.
- The US Supreme Court ruled against Trump's use of emergency measures for tariffs.
- Trump announced plans to impose temporary tariffs of 10-15% on US imports from all countries.
- A YouGov poll showed 60% of Americans supported the Supreme Court's decision to strike down tariffs.
- Most Americans believe Trump's tariffs have led to higher prices for goods and services.
- A Fox News poll indicated 63% of registered voters disapprove of Trump's handling of tariffs.
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