US markets tumble as Trump confirms tariffs on Canada, Mexico

US stocks sharply declined on Monday as President Trump announced a 25% tariff on imports from Canada and Mexico, effective Tuesday. The decision heightened trade war fears and considerably impacted investor sentiment, affecting major stock indices and causing a significant market downturn.

US markets tumble as Trump confirms tariffs on Canada, Mexico
US stocks sharply declined on Monday as President Trump announced a 25% tariff on imports from Canada and Mexico, effective Tuesday. The decision heightened trade war fears and considerably impacted investor sentiment, affecting major stock indices and causing a significant market downturn.