Stock Market Faces Setback as Tariffs on Mexico and EU are Imposed
Introduction
The stock market is facing a major setback as Dow futures dropped nearly 200 points following President Trump's decision to impose a 30% tariff on Mexico and the EU. This move has sent shockwaves through the global economy, causing uncertainty and concern among investors.
Current Scenario
Despite a losing week, the stock market is still near record highs. However, the recent tariff announcement has caused some major players to re-evaluate their investment strategies. This could potentially lead to a decline in overall market performance and affect the economy as a whole.
