Trump's new tariffs cause stock market decline
President Trump announced new tariffs on Canada, causing a decline in stock markets. This move indicates that investors' previous confidence in his economic policies may have been misplaced. Initially, investors reacted positively to Trump's election, expecting favorable tax and regulatory changes. However, concerns about his tariff policies have grown as markets respond negatively. The situation highlights a shift in investor sentiment, as the anticipated stability from Trump's administration is now in question.