Macro stats - post Trump tariffs
On March 3, 2025, US President Trump announced that he would be going ahead (for real) with tariffs against his closest neighbours Canada and the US, with freshly announced tariffs on China as well. Let’s see how markets reacted:
United States
US S&P 500
The S&P 500 dropped by 1.76% thoughout the trading day - I’ll be honest I thought it would be much worse when I saw the headlines and tweets about there being a market bloodbath.
The rest of the world (non-US)
Interestingly, Europe didn’t do so poorly.
