Global Markets Slide as Trump Implements New Tariffs on Canada, Mexico, and China

Stock indexes in the U.S., Europe, and Asia tumble following the U.S. president's decision to escalate trade disputes with key trading partners.

President Donald Trump has enacted 25% tariffs on goods from Canada and Mexico, while doubling existing tariffs on Chinese imports to 20%.
U.S. stock markets suffered significant losses on Monday, with major indexes like the Dow Jones, S&P 500, and Nasdaq Composite closing sharply lower.
The Japanese Nikkei 225 fell 1.8%, reaching its lowest level since September, with exporters like Toyota and technology firms among the hardest hit.
European markets also saw declines, with key indexes in Germany, Spain, and Italy reporting heavy losses.
The stronger Japanese yen, driven by U.S. currency policy criticism, added to market concerns as investors brace for potential further trade tensions.