Washington, March 3, 2025 (AFP) - US stocks fall on Trump tariff concerns, European defense firms soar

NAMPA / AFP

2025-03-04

US stocks closed sharply lower Monday, after President Donald Trump slapped fresh sanctions against China and levies on Mexico and Canada neared imposition, while European defense shares soared as the European Union sought increased military spending over Ukraine. The White House said Trump had signed an executive order raising tariffs on China to 20 percent, shortly after Trump seemed to rule out any change to the planned 25 percent tariffs agai......

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