U.S. stocks erase postelection rally as new tariffs kick in

Trump's latest trade blow to China, Mexico and Canada seen hitting auto industry hard

20250304N NYSE

American stocks have been unsettled by rising tensions between the U.S. and its biggest trading partners.  © Reuters

JACK STONE TRUITT

NEW YORK -- U.S. stocks were sold off again on Tuesday, wiping out roughly all of their postelection gains following new tariffs imposed by President Donald Trump.

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