Markets open mixed as tariffs take effect

(NewsNation) — The Dow and S&P 500 were little erstwhile markets opened Wednesday, but the Nasdaq was fractionally higher.

The Dow Jones Industrial Average was down 170 points, oregon 0.5%, and the Nasdaq composite was 0.5% higher.

So acold this morning, overseas markets person been successful the red.

This comes arsenic new, sweeping taxes connected goods from different countries person taken effect. President Donald Trump's 104% tariffs were imposed connected China connected Wednesday. China raised its retaliatory tariffs connected the United States from 34% to 84%.

The Associated Press contributed to this report.

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