Wall Street shifted lower in early trading Wednesday as markets took in more corporate earnings reports while considering the impact of tariffs being imposed by the United States and China.

Tesla was particularly battered as it joined Apple (-3%) and Nvidia (-3%), as American multinational companies with the highest proportion of sales in China.

Stocks fell after Trump signed orders for higher import tariffs. You can protect your portfolio from short-term volatility with diversification and long-term planning.

Tariffs and an imminent trade war were shots across the market’s bow Monday morning, but irrational exuberance is what made the market so vulnerable in the first place. I say that because the weekend announcement of the tariffs couldn’t really be the cause of the plunge at Monday’s opening. They were hardly a surprise, after all.

Wall Street was mixed in light trading early Tuesday as anxiety dissipated somewhat after President Donald Trump agreed to a 30-day pause on his tariff threats against Mexico and Canada. Trump's imposed tariffs on China remained in place.

D: President Trump’s threat to impose new U.S. tariffs on imports from China, Mexico and Canada drove down stocks multiple sectors Monday, with shares of several media companies falling as investors grappled with America’s new trade wars.

Asian equities bounced Tuesday, while the Mexican peso and Canadian dollar rallied after Donald Trump said he would delay the imposition of stiff tariffs on imports from the US neighbours,