CNBC Daily Open: Stocks Tank Globally as Tit-For-Tat Tarifs Begin

“Tariffs” may be the most beautiful word in the dictionary for us president donald trump, but it is one that stokes fear in investors. Risk-on assets such as stocks and cryptocurrency Sank Monday after Trump Refused To Pardon Canada and Mexico from a Hefty 25% duty on all Goods Imported from Both Countries.

In the Markets, The S & P 500 Fell The Most Since Dec. 18 and is testing its 200-day moving average, generally seen as a support level-meaning that if the index dips below that line, it could file even further. Bitcoin Sank Below $ 90,000, Erasing in a Flash Its 10% Gain from Trump’s Announcement on Sunday of the Creation of a Us Strategic Crypto Reserve.

Across the atlantic, however, european leaders Playing Defense Against Trump’s overrses seem to be boosting the continent’s markets. The Regional Stoxx 600 outperformed the S & P 500 for February. And with defense stocks Rising, The Stoxx 600 Had Another leg-up on Monday.

Still, as Trump’s tariff Announcement Came after European Markets Closed, they could react badly on time when the tariffs go into effect officially. Investors Should Brace Themselves for more Potential Volativity.

Tit-for-tat tarifs
Us President Donald Trump said the 25% tarifs on canada and mexico will be implemented on tuesday after a monthslong pause. In retaliation, Canada will impose on tuesday a 25% tariff On 155 Billion Canadian Dollars ($ 107 Billion) Worth of Us Goods, The Country’s Prime Minister Justin Trudeau Said Monday. China also announced Tuesday an additional 15% tariff on us goodsSuch as Agricultural Products, and Will Restrick Exports to 15 US Companies,

S & p now in the red in 2025
On Monday, the S & p 500 Fell 1.76%, Its Worst Day Since December, and is Now in the red in 2025The Down jones Industrial Average Lost 1.48% and the Nasdaq composite Tumbled 2.64%. Bitcoin Slumped 12% to Around $ 82,000 As of early asia trading. Asia-Pacific Stocks Dropped TuesdayJapan’s’s Nikkei 225 Retrated Around 1.2% and South Korea’s Kospi Index Index Slipped 0.15%. Both benchmarks were weighed down by Falls in Tech- And Chip-Related StocksSuch as Japan’s Advantest And South Korea’s Sk Hynix.

Arrests over nvidia chips
Singapore Authorities Detained Three People Last Last Week on Charges of Deliberately Misrepressing The Final Destination of Us-Manufactured Servers, Likely Containing Nvidia’s Highly Sought-Abfter ChipsSaid the country’s home affairs and law minister k Shanmugam on Monday, adding that servers were shipped to malaysia. On Tuesday, Tengku Zafrul Aziz, Malaysia’s Minister for Investment, Trade and Industry, Told CNBC that Authorities have no information That Data Center Companies Operating in Malaysia are “not using the chips that they are supposed to be using.” Shares of Nvidia sank 8.7% Monday.

TSMC’s $ 100 billion investment in us
Taiwan semiconductor manufacturing Will Invest $ 100 Billion in the US to Build Five New Fabrication Facilites In Arizona, Trump Announced Monday, Calling the Investment A “Treminous Move by the most powerful company in the world.” The new capital brings Tsmc’s total investment in the US to $ 165 billion. Trump has reepeatedly called out and accused taiwan of stealing the us chip manufacturing business.

Trump Stops Flow of Military Aid to Ukraine
Trump is Halting Us Military Aid to UkraineA white house official said Monday. The official, who requested to be unnamed, added that the president is “focused on peace” and the trump administration is assessing us assistance “to ensure that it is constributing to a solution.” On Friday, Trump’s Meeting With Ukrainian President Volodymyr Zelenskyy Degenerated into a shouting matchAnd the latter left without a deal paper.

(Pro) Worries Over 200-Day Moving Average
Technical Analysts Who Watch Price Charts worry that S & P 500 unlock song test its 200-day moving average. The broad-based index’s beating on monday confirmed how fragile the market setup is at the start of a new month, analysts said. Here’s why That technical level matters to investors,

‘Tariff Taskforce’: Pharma Firms scramble to Prepare even as Trump LeVies Risk Flouting Wto Rules

Us President Donald Trump on Wednsday Signaled that the European Union May Be Next to Face Sweeping 25% tarifs. It came a week after Trump said he was considering a flat charge of Around 25% on all pharmaceutical, auto and chip imports. However, according to the WTO’s 1994 Pharma Agreement, Most Pharmaceutical Products and the Substans used to Produce them are exempt from tariffs, binding them at duty-free-free.

Nonetheless, german healthcare company fresenius medicine Trade Charges, with some production likely to be directly impacted meanwhile, swiss-Arican pharmaceutical company alcon was “paying very close attentions” to Levies, Ceo David Endicott SADICOTT SADCOT SADECOTETION.