US #StockMarkets declined early on #WallStreet as #Trump threatened to impose 200% #tariffs on #EU wine & alcohol drinks.
The S&P 500 fell 0.5% while the tech heavy Nasdaq dropped 0.9%, resuming their heavy losses suffered this week.
The Dow was down 0.4% as the US tariff war raised concerns that the US #economy faces a downturn.
It leaves the Dow on track for its worst wk in 2½yrs, w/the S&P & Nasdaq putting in their weakest performance in 6 months.
#Trumpcession
https://www.telegraph.co.uk/business/2025/03/13/trump-tariffs-ftse-100-markets-latest-news-gold-starmer/
@Nonilex remind me, what are we "fixing"?