Trump's global tariff policy causes fluctuations in the New York stock market

The U.S. New York Stock Exchange is showing a downward trend due to increasing uncertainty related to tariffs. This stems from President Trump’s issuance of an executive order on global tariff imposition.

The main background for this stock market decline began with President Trump’s decision to impose a 10% tariff worldwide. This move was a response after the U.S. Supreme Court ruled that the Trump administration’s reciprocal tariff policies were illegal, and the president forcibly advanced this policy under Section 122 of the Trade Act. This statement caused significant market confusion and negatively impacted stock prices.

Notably, from an industry perspective, the healthcare and energy sectors performed relatively well, while non-essential consumer goods and financial sectors showed weakness. This indicates that the uncertainty surrounding tariff policy changes is negatively affecting investor sentiment. It is also worth noting that companies like Domino’s Pizza, which exceeded market expectations, saw their stock prices rise.

A large-scale snowstorm in the Northeastern United States led to flight cancellations, adding additional negative pressure on airline stocks. Meanwhile, major European stock markets remained relatively stable.

Market experts remain cautious about President Trump’s commitment to advancing tariff policies, but generally believe he is likely to continue moving in the direction he desires. This trend is expected to have significant implications for future global trade and the economy.