(Reuters) – The New York Stock Exchange opened on Tuesday, the comments of US President Donald Trump concerning any customs duties on pharmaceutical products that have further weighed on feeling, as is a series of results of halftone companies.

In the first exchanges, the Dow Jones index loses 342.07 points, or 0.83% to 40,876.76 points and the Standard & Poor’s 500, wider, fell from 0.90% to 5.599.29 points.

The Nasdaq Composite gives in 1.17% or 209.22 points, to 17,635.02 points.

The American president’s pricing policy remains at the center of concerns while Donald Trump declared on Monday at the end of the day that he would announce customs duties on pharmaceutical products in the next two weeks, a plan that goes against the wishes of the markets to see negotiations progress in order to avoid a trade war.

The Trump administration suggested last week that negotiations on potential agreements were underway, but the markets have not yet seen concrete results on this front.

Uncertainty has led consumers, businesses and even the American federal reserve (Fed) to adopt a wait -and -see mode.

The American central bank is expected to leave its rates unchanged Wednesday after its general policy meeting, which ends tomorrow, the operators being on the lookout for any index on the future trajectory of borrowing costs.

At the values, WK Kellog, which lowered its forecasting of organic sales and profit for 2025 on Tuesday due to the drop in consumption expenses for its products, sells 13%.

The automaker Ford loses 0.20% after having suspended its annual forecasts on Monday due to the uncertainty surrounding customs duties.

Eli Lilly and Pfizer medication manufacturers drop slightly in the first exchanges.

(Written by Diana Mandiá, edited by Kate Entringer)

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