HomeMarket NewsUS Stock Market LIVE Updates: Trump offers 25% tariff rate to Japan, South Korea; Dow Jones falls 450 points
US Stock Market LIVE Updates: The Dow Jones Industrial Average slipped 447 points, or 1%. The S&P 500 fell 0.8%, and the Nasdaq Composite lost 0.9%. Stocks took a turn lower on Monday around noon after President Donald Trump shared that he had issued letters to Korea and Japan announcing 25% tariffs on goods from those countries, according to posts from his Truth Social account. These tariffs will start on August 1 and will be added to any retaliatory tariffs from either nation.
US Stock Market LIVE Updates: The Dow Jones Industrial Average slipped 447 points, or 1%. The S&P 500 fell 0.8%, and the Nasdaq Composite lost 0.9%. Stocks took a turn lower on Monday around noon after President Donald Trump shared that he had issued letters to Korea and Japan announcing 25% tariffs on goods from those countries, according to posts from his Truth Social account. These tariffs will start on August 1 and will be added to any retaliatory tariffs from either nation.
Watch this space for all the live updates.