Stock market tumbles even further as Trump tariffs spark market panic

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Stock market tumbles even further as Trump tariffs spark market panic

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Wall Street fell deep in the red Tuesday as a full-blown trade war between the U.S. and its top trading partners rattled investors. The losses erased most stock gains accumulated since inauguration day. The Trump administration's tariffs, which launched on March 4, impose a tax on imports from China, Canada, and Mexico. The tariffs include a 25 percent tax on most goods coming in from Canada and Mexico. Chinese products also saw an an additional increase in tariffs after the Trump administration imposed a 10 percent tax in February.
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