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US: Wall Street opens lower after Trump’s steel tariff threat

by Sarkiya Ranen
in Technology
US: Wall Street opens lower after Trump’s steel tariff threat
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Published Mon, Jun 2, 2025 · 09:42 PM

[NEW YORK] Wall Street’s main indices opened lower on Monday (Jun 2) after US President Donald Trump revealed plans to double tariffs on imported steel and aluminium, fuelling more uncertainty around US trade policies.

The Dow Jones Industrial Average fell 70.1 points, or 0.17 per cent, at the open to 42,199.94. The S&P 500 fell 15 points, or 0.25 per cent, to 5,896.68​, while the Nasdaq Composite dropped 50.7 points, or 0.27 per cent, to 19,063.06. Reuters

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Tags: OpensSteelStreetTariffThreatTrumpsWall
Sarkiya Ranen

Sarkiya Ranen

I am an editor for Ny Journals, focusing on business and entrepreneurship. I love uncovering emerging trends and crafting stories that inspire and inform readers about innovative ventures and industry insights.

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