U.S. stocks have fallen as President Trump threatened 30% tariffs on Mexico and the European Union.
The Dow Jones Industrial Average, S&P 500, and Nasdaq were down about 0.35% in pre-market trading on July 14 following Trump's tariff announcement.
EU and Mexico leaders plan to continue negotiations with the U.S. to potentially lower the proposed tariff rates.
Concerns about the impact of the tariffs on the economy, upcoming earnings season, and tensions between the Trump administration and the Federal Reserve are contributing to market unease.