S&P 500 posts biggest loss since December as Trump says tariffs will proceed! 🇺🇸 Markets on Monday #DowJones -1.48% #Nasdaq -2.64%, weighed down by Nvidia -8% S&P 500 -1.76% Russell 2000 -3% Reason for sharp drop from days high 🇺🇸 vs 🇨🇦 / 🇲🇽 👉 President Trump’s reiteration that 25% levies on imports from Mexico and Canada would go into effect on Tuesday, dashing investors’ hopes of a last-minute deal to avert the full tariffs Reaction 🙁 iShares MSCI Canada ETF (EWC) -2.1% iShares MSCI Mexico ETF (EWW) -0.9% 🇺🇸 vs 🇨🇳 Trump also signed an action to impose an additional 10% duty on China, according to an administration official 🇺🇸 Economic Data Monday 👉 U.S. ISM manufacturing PMI that came in at 50.3, below expectations and January’s 50.9 reading Friday 👉 February jobs report 🇺🇸 vs 🇺🇦 White House official says ‘Trump halts all U.S. military aid to Ukraine’ Other Asset Classes 🇺🇸 10-year Treasury yield dropped below 4.12%, slides as Trump reaffirms tariff policy 💸 Bitcoin at 85525$, slips 9% ⛽️ Brent Crude at 71.5$/barrel, OPEC+ set to increase output 🪙 Gold at $2,893.44 an ounce. 💲 Dollar Index cools to 106.78