economy
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.