Tom Ellsworth
@bizdocpodcast·63.4K subscribers·1.6K videos
Wall Street Falls Amid Trump's Tariffs on Canada, Mexico, China
Posted
February 5, 2025
Views
2,574
Likes
83
Comments
5
Engagement
3.42%
February 5, 2025
2,574
83
5
3.42%
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2:35Now PlayingOn February 3, Wall Street opened lower following President Donald Trump's announcement of significant tariffs on imports from Mexico, Canada, and China, heightening fears of a global trade war. The Dow Jones Industrial Average dropped 276.5 points (0.62%), the S&P 500 fell 70.9 points (1.17%), and the Nasdaq Composite saw a decline of 412.1 points (2.10%). The tariffs include a 25% charge on goods from Canada and Mexico and a 10% charge on Chinese imports, with Trump citing issues such as illegal immigration and drug trafficking as reasons for the measures.
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