The global financial markets, especially Wall Street, experienced notable declines today, as growing concerns about the economic implications of the new tariffs imposed by the administration of former President Donald Trump affected investor sentiment.

The key indices in the U.S. stock market recorded clear losses, with a widespread decline in stock prices, particularly in the industrial and technology sectors that heavily rely on imported materials. This decline came amid investors' worries about the escalation of the trade war between the United States and Canada and its potential impact on supply chains and the operational costs of companies.

As analysts await the markets' reactions in the coming days, speculation is increasing about the steps that Canada may take in response to these tariffs, which could heighten economic uncertainty.