Stocks Slump as Trump Tariffs Take Effect

The S&P 500 added to recent losses in early trading. German automakers, many of which have plants in Mexico that make vehicles that are sold in the United States, were especially hard hit. International Trade and World Market, Protectionism (Trade), United States International Relations, Stocks and Bonds, Standard & Poor’s 500-Stock Index, Customs (Tariff), Euro (Currency), Rheinmetall AG, Volkswagen AG The S&P 500 added to recent losses in early trading. German automakers, many of which have plants in Mexico that make vehicles that are sold in the United States, were especially hard hit. NYT > Business

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