Dow Jones falls 400 points How Tariffs Get Back To Focus

The stock exchanges were deleted many of their previous weeks how tariff fears again are in focus again.

Stock Lower yourself as a bracelet traders for the Key Decision Feda for interest rates, as tariff fears of presentation. On Tuesday, 6. May, Dov Jones lost 404 points, or 0.98%, trading 40,814, while S & P 500 was reduced by 0.84%, and Nasadada fell 1.00%.

Merchants were worried after US President Donald Trump has made several objections that suggested that tariff relief is unlikely. Over the weekend, Trump announced 100% Tariff on the sides of the movies And stated that there would be no plans to talk to Chinese President Xi Jinping this week.

What’s more, Trump hinted new Tariff on pharmaceouswhich will be announced over the next two weeks. He added that he would balance the costs of consumers so as to reduce the regulatory burden of American pharmaceutical producers.

Among the largest losers today Tesla, which recorded a decrease of 2.46%, thanks to during Problems in Europe. In Great Britain, consumers registered only 512 new Tesla cars in March, up to 62% of the year earlier. These figures reflect similar decline in Germany, France, Sweden and much more.

Tariffs cause a disco trading deficit

Recent persons also showed that the American trading deficit hit a record March in March, reach 140.5 billion dollars. The image has doubled last year, which amounted to 68.6 billion dollars in March 2024. Years. The deficit was a reaction to tariffs, because companies rushed to import as much as possible before higher rates occurred.

According to the Trade Department, the United States has imported the record amount of goods from 10 countries. They included Mexico and Vietnam, But not China. It is victorious that imports from China was the lowest in five years and is likely to further fall due to a continuous 145% tariff rate.