Mass. financial experts warn of uncertainty amid ongoing U.S. trade war [Video]

U.S. stock markets are jittery as the country delves into a trade war with Canada and Mexico following new tariffs imposed by President Donald Trump’s administration. “The NASDAQ had its worst day since 2022. At this stage, the S&P erased six months of gains,” Massachusetts-based financial expert Michael Armstrong said. “Uncertainty is a commonplace thing in markets, but when you get to this level, it starts to freeze people’s decision-making.”Babson College associate professor of management practice Peter Cohan says workers should pay attention as tariffs increase prices on everything from electronics to food, and consumer spending drops.”I think employees should be concerned that their companies are going to be looking for ways to reduce costs because demand is going to drop, and their jobs could be on the line,” Cohan said. While experts say Boston is typically insulated from recessions, the city Monday saw big hits to the local workforce.Harvard …