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[ Thu, Apr 17th 2025 ]: CNN
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Dow tumbles more than 600 points as Trump confirms aggressive tariff agenda, killing hopes for a last-minute reprieve and sending stocks reeling

The Dow Jones Industrial Average tumbled 644 points, or 1.5%. The S&P 500 sank 1.8%, and the Nasdaq lost 2.6%.
On March 3, 2025, the stock market experienced significant fluctuations due to former President Donald Trump's announcement of new tariffs on imports from Canada and Mexico, aimed at enforcing reciprocal trade duties. The Dow Jones Industrial Average dropped sharply in response to these tariffs, reflecting investor concerns over potential retaliatory measures from Canada and Mexico and the broader impact on global trade. The S&P 500 also saw declines, though less severe than the Dow, as investors weighed the implications of the new trade policies against other economic indicators. Trump's move was part of his ongoing efforts to address what he perceives as unfair trade practices, but it introduced new uncertainties into the market, prompting a cautious approach among traders and analysts alike.

Read the Full Fortune Article at:
[ https://fortune.com/2025/03/03/stock-market-today-dow-trump-tariffs-sp500-canada-mexico-reciprocal-duties/ ]