U.S Market Update: How Trump's Tariffs Are Impacting Wall Street Indices.

U.S Market Update: How Trump's Tariffs Are Impacting Wall Street Indices.

Following President Donald Trump's announcement of high tariffs on China, Canada, and Mexico, concerns about a full-scale trade war caused U.S. market indices to drop at the start of Monday.

At the Opening of the Monday session,
The Nasdaq Composite fell 412pts(-2.10%).
The Dow Jones Industrial Average(DJI) started the day at down of 276 pts(-0.62%).
The S&P 500 down 70.9 pts(-1.17%). 

On Saturday, US President Donald Trump ordered a 10% tariff on China that would take effect on Tuesday, and a 25% duty on Canada and Mexico. With the US's top three trading partners, his aggressive trade policies sparked a new trade war.

But according to analyst the market will recover very soon.

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