Comment on Stocks Plunge After Donald Trump Promises Steep Tariffs on Foreign Metals

Stocks Plunge After Donald Trump Promises Steep Tariffs on Foreign Metals

(NEW YORK) — U.S. stocks plunged and Treasuries climbed after Donald Trump promised to impose substantial tariffs on foreign metals, drawing a rebuke from a manufacturing industry group. The S&P 500 Index sank to session lows and fell below its 100-day moving average, while the Dow Jones Industrial Average dropped more than 500 points after the U.S.

 

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