Wall Street Falls As Trump Tariffs And Weak Jobs Report Hit Global Markets

Wall Street experienced a significant decline on August 1, 2025, as President Donald Trump’s sweeping new tariffs on dozens of global trading partners, combined with a weak U.S. jobs report, sent shock waves through financial markets worldwide.The tariffs, some as high as 41%, were imposed on 69 economies, affecting both close allies like Canada (35% tariffs) and emerging markets like Brazil (50%
Wall Street experienced a significant decline on August 1, 2025, as President Donald Trump’s sweeping new tariffs on dozens of global trading partners, combined with a weak U.S. jobs report, sent shock waves through financial markets worldwide.The tariffs, some as high as 41%, were imposed on 69 economies, affecting both close allies like Canada (35% tariffs) and emerging markets like Brazil (50%
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