Markets sold off on Monday as investors digested Donald Trump's tariff announcements on Mexico, Canada, and China.

Tesla was particularly battered as it joined Apple (-4%) and Nvidia (-2%), as American multinational companies with the highest proportion of sales in China.

Stocks fell after Trump signed orders for higher import tariffs. You can protect your portfolio from short-term volatility with diversification and long-term planning.

US stock futures pointed to sharp losses for the major indexes, as Wall Street showed the effects of President Donald Trump’s announcement of tariffs.

Over the weekend, President Donald Trump said the U.S. will levy 25% tariffs on Mexico and Canada and 10% tariffs on China. Stock market losses ranged from 1.4% to 2.5% in early trading Monday.

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.

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.

There are plenty of moving parts when it comes to tariffs. Here, we look at what impact tariffs have on the stock market and your portfolio.

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

President Trump’s imposition of new U.S. tariffs on imports from China, Mexico and Canada drove down stocks across the board Monday, with shares of media companies falling as investors grappled with America’s new trade wars.