News Highlights: Top Global Markets News of the Day - Tuesday at 3 AM ET

Dow Jones
03-04
 
Trump's Canada-Mexico Tariffs Take Effect 
 

The president's 25% tariffs took effect Tuesday, after he declared there was "no room left" for negotiations with America's neighbors.

 
China Retaliates Against U.S. With Tariffs, Controls on U.S. Companies 
 

China hit back at the U.S. with a slate of retaliatory measures after President Trump put an additional 10% tariff on Chinese imports.

 
Asia's Defense Stocks Climb on Hopes of More European Arms Spending 
 

Defense stocks in key Asian markets jumped, buoyed by expectations that European nations will boost security spending.

 
Trump Ushers in New Era of Protectionism 
 

Uncertainty from tariffs on Mexico and Canada are disrupting manufacturers and markets.

 
Stocks Drop as Trump Is Set to Move Forward on Tariffs 
 

The Dow industrials fell 1.5%, or nearly 650 points. The tech-heavy Nasdaq Composite slid 2.6% to a level last seen just before Trump's November election victory.

 
U.S. Pauses All Military Aid to Ukraine 
 

The U.S. decision comes days after a contentious meeting between Trump and Zelensky at the White House.

 
Tariffs Are an 'Act of War,' Buffett Says. What They Mean for the Stock Market. 
 

Stocks were falling again Monday on tariff news. Add consumer confidence and jobless claims data into the mix, and it appears volatility will be the norm in the short term.

 
U.K. Shop Prices Continue to Fall But Food Prices Concern 
 

Prices at U.K. stores declined 0.7% on year in February, with retailers betting on heavy discounts to grapple with a backdrop of weak consumer demand, an industry report said.

 
RBA Signals That Further Cuts Are Not Assured 
 

In the minutes from the two-day policy meeting, the RBA board emphasized that the easing did not signal the beginning of a series of cuts.

 
The St. Louis Fed President Is Carefully Watching This Economic Indicator 
 

Elevated inflation expectations were a key reason why bringing inflation under control was so much more costly in the 1970s than it has been since 2022, Alberto Musalem said

 
 

(END) Dow Jones Newswires

March 04, 2025 03:00 ET (08:00 GMT)

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