Dow, S&P 500 fall and Nasdaq give up gains as Trump moves ahead on tariffs

News Snapshot:

US stocks lost ground on Friday after the White House said tariffs against Mexico, Canada, and China will take effect on Saturday, reigniting fears of a coming trade war with the nation's closest trading partners. White House Press Secretary Karoline Leavitt said the president would impose 25% tariffs on goods from Mexico and Canada, as well as a 10% tariff on goods from China. Two of the major gauges sank into the red Friday afternoon. The S&P 500 (^GSPC) lost 0.2% Friday, while the Dow Jones Industrial Average (^DJI) shed 0.5%. The tech-heavy Nasdaq Composite (^IXIC) remained in the positive...