‘Trump bump’ turns to ‘Trump slump’ as stocks slide

‘Trump bump’ turns to ‘Trump slump’ as stocks slide
Wall Street is on edge as the Trump administration's seesaw tariff policies create confusion rather than relief. The S&P 500 has dropped 4. 3% since Trump took office. The latest trigger—a one-month exemption on tariffs for Canadian and Mexican goods—came after an earlier 25% tariff announcement. Investors are concerned that constant reversals in trade policy are prolonging uncertainty, affecting business sentiment, and dampening economic confidence.