India, March 4 -- The Switzerland market ended notably lower on Tuesday after languishing in negative territory right through day's trading session amid concerns about global economic growth as fresh U.S. tariffs on Canada, Mexico and China took effect today, and China and Canada announced retaliatory measures.
U.S. President Donald Trump's threat that he will impose reciprocal tariffs from early April, hurt as well.
In retaliation, Canada announced 25% tariffs on $107 billion worth of U.S. goods, with $20.7 billion in immediate effect. Mexican President Claudia Sheinbaum said her country is preparing countermeasures.
China has announced 15% tariffs on U.S. chicken, wheat, corn and cotton, plus 10% cent tariffs on soybeans, pork, beef an...