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Fortune

Leo Schwartz

RARE PHOTOS: Trump doubles down on aug 1 tariff deadline as stocks continue to dip | Vintage Vibes

Donald Trump Dan Ives Elon Musk Jerome Powell Tesla Inc. Truth Social United States White House

(Credit: Kevin Carter—Getty Images)

Markets extended their downward slide on Tuesday as investors remained wary of the looming tariff deadline, with the S&P 500 dipping 0.07%.

After a celebratory June, which saw the S&P 500 reach record highs, July is off to a gloomy start. The threat of tariffs looms once again for investors, as President Trump insists he will stand by a new negotiation deadline of Aug. 1 for the bruising campaign of levies that he announced in April.

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