Dow Jones, S&P 500, and Nasdaq all fall as markets await key trade policy changes from President Trump
April 2, 2025: US stock markets slipped on Wednesday morning as investors braced for a major tariff announcement from President Donald Trump, who has dubbed the move “Liberation Day.”
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As of 09:39 a.m. (ET):
- The Dow Jones Industrial Average dropped 156.51 points (0.37%) to 41,833.45
- The S&P 500 fell 26.55 points (0.47%) to 5,606.52
- The Nasdaq Composite slipped 99.07 points (0.57%) to 17,350.82
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The anticipated tariff announcement is being closely watched, with Trump asserting that the reciprocal duties are necessary to correct long-standing trade imbalances and to counteract what he calls “unfair” treatment by foreign nations.
Dubbed “Liberation Day” by the White House, the tariffs are expected to target nations imposing duties on US goods, with an emphasis on autos, steel, and agriculture. The announcement is scheduled for later today at the White House Rose Garden, timed after market hours to minimize intraday volatility.
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The tariffs have sparked global concern about renewed trade wars, especially with key trading partners such as China, India, and the European Union. Investors remain cautious, and volatility is expected to rise depending on the scope and sectoral impact of the new levies.
Stay tuned for live updates on the tariff announcement and its market impact.
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Wall Street, Trump Tariffs, Liberation Day, Dow Jones, Nasdaq, S&P 500, US Stock Market, Trade War, Global Economy, Reciprocal Tariffs, Trump Trade Policy, Market News, Stock Indices, Rajendra Saxena, April 2025 Markets