Bombs, Surcharges, and Spinoffs: The Markets Try to Keep Up With Trump’s Monday

It is Monday, March 2, 2026, and if you were hoping for a quiet start to the fiscal month, you clearly haven’t been paying attention for the last decade. While most of the world was still nursing their Sunday night dread, President Donald Trump decided to kick off the work week by announcing “major combat operations” in Iran and, for good measure, a 10% global surcharge on basically everything that crosses a border. Because nothing says “investor confidence” like a two-front war—one with missiles and one wi ...