#TrumpTariffs
🇺🇸 Key Tariff Announcements
50% Tariff on EU Imports:
25% Tariff on Foreign-Manufactured Smartphones:
📉 Market Reactions
The announcement led to immediate volatility in financial markets:
Apple Inc.: Shares fell over 3% as investors reacted to the potential impact of tariffs on the company's overseas manufacturing operations.
Major Indices:
Dow Jones Industrial Average: Dropped 242 points.
S&P 500: Fell by 38 points.
Nasdaq 100 Futures: Declined