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Stocks slide with bond yields as new Trump tariffs take effect

Upworthy Tuesday, 4 March 2025 ()
Stocks fell and bond yields slid on Tuesday in Asia with investors ducking for cover as new U.S. tariffs on Canada, Mexico and China took effect, threatening to escalate global trade tensions. The risk-sensitive Australian dollar slid and crude oil wallowed near 12-week lows, while bitcoin…
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News video: China Vows Retaliate After Trump threatens Another 10% Tariff Hike Including Canada, Mexico

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Trump has confirmed a new wave of tariffs set to take effect on March 4, targeting imports from Mexico, Canada, and China. A 25% tariff will be imposed on goods from Mexico and Canada, while an additional 10% duty will be placed on Chinese imports due to ongoing concerns over fentanyl trafficking....

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