Trump Trade War Sparks Sell-Off

March 4, 2025

• Dow tumbles 700 points as sell-off intensifies again into the close (CNBC)

• Trump Escalates Global Trade War, Sparking Tit-for-Tat Tariffs (Bloomberg)

• Bessent Shrugs Off Tariff Selloff, Says Wall Street Isn’t Focus (Bloomberg)

• Citi Says Tariffs Could Hasten Rate Cuts (WSJ)

• Investor Dan Niles says he’ll ‘probably force’ himself to buy some beaten-up tech (CNBC)

• Bank of America slashes Tesla price target as U.S. tariffs become reality (CNBC)

• Target warns February sales were soft, adding to concerns about consumer health (CNBC)

• Best Buy CEO warns price increases are ‘highly unlikely’ after Trump tariffs (CNBC)

• Walgreens Nears Roughly $10 Billion Deal to Go Private (WSJ)

• Putin Agrees to Help Trump Broker Nuclear Talks With Iran (Bloomberg)

• U.S. Pauses All Military Aid to Ukraine (WSJ)

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