Reported 23 days ago
The US stock market experienced a decline on Monday, led by a drop in the Dow Jones Industrial Average and S&P 500, following President Trump's announcement of a 25% tariff on imports from Japan and South Korea, effective August 1. This move has heightened trade tensions as Trump warned additional tariffs may be imposed on nations opposing US policies. Concurrently, technology stocks fell, particularly Tesla, amidst concerns over CEO Elon Musk's political ambitions.
Source: YAHOO