Dow Plunges Amid New Tariffs: Global Markets React

On March 4, 2025, global financial markets are experiencing significant turbulence following the implementation of President Donald Trump's new tariffs on imports from Canada, Mexico, and China. The Dow Jones Industrial Average has plummeted over 500 points, marking a 1.2% decline, while the S&P 500 and Nasdaq Composite have fallen 1% and 0.8%, respectively.

These tariffs, effective immediately, impose a 25% duty on all goods from Canada and Mexico, with Canadian energy products facing a 10% tariff. Additionally, tariffs on Chinese imports have been increased. . .