Trump’s Tariff Announcement Leads to Stock Market Drop; Delta, Southwest Airlines Revise Forecasts; Tesla Stock Rises

US stock markets experienced a downturn following President Trump’s decision to impose increased tariffs on Canadian steel and aluminum, leading to a 625-point drop in the Dow Jones. This move caused companies such as Delta and Southwest Airlines to adjust their revenue projections amidst the prevailing uncertainty. However, Tesla saw an increase in its stock value after receiving support from the President. Despite the overall market turmoil, major tech stocks managed to maintain stability during this period.

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