- Global stocks are sliding after President Trump’s new tariff announcement, with S&P 500 futures down nearly 1% and major indices falling worldwide. Analysts warn the true impact of these tariffs will hit the U.S. economy in the coming months through higher costs for companies and consumers. Import taxes are now at their highest levels since the 1930s.
S&P 500 futures are down nearly 1% this morning, prior to the opening bell, and stocks across the globe are tumbling too as investors digest Day 1 of President Trump’s latest tariff regime.
