US president Donald Trump on Saturday announced an additional tariff of 10% on imports from China and 25% on those from Mexico and Canada to the apparent surprise of investors, who had underpriced such risk. The tech-heavy Nasdaq ( ^IXIC) was off more than 2% Monday morning. Nvidia stock pared losses and ended the day down 2.8%.

It’s the bet Wall Street made as soon as Donald Trump was elected president. For all the threats of tariffs against US allies and rivals, stock vigilantes were skeptical that he’d do anything to really damage the stock market.

Investors braced for a trade war after President Donald Trump imposed tariffs on goods from Canada, Mexico and China and pledged tariffs on the European Union.

D: President Trump’s threat to impose new U.S. tariffs on imports from China, Mexico and Canada drove down stocks multiple sectors Monday, with shares of several media companies falling as investors grappled with America’s new trade wars.

Nvidia Corp.’s stock is declining in Monday action as investors weigh the potential for tariffs to impact chip companies and continue to assess the fallout from DeepSeek. Shares of Nvidia are down 3.4% in midday action to rank among the worst performers in the PHLX Semiconductor Index The stock has pared losses with President Trump now saying he has agreed to pause the Mexico tariffs for a month.

Soon after a market decline began early Monday morning, Trump paused the tariffs on Mexico for one month following a conversation with Mexican President Claudia Sheinbaum, prompti

Nvidia’s (NVDA) stock price is down at the time of writing as the chipmaker extends last week’s declines. This downturn was triggered by

Markets are still pinning their hopes on the art of the deal. Stocks may have fallen on Monday as investors digested U.S. President Donald Trump’s decision to whack tariffs on Mexico, Canada and China,