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Dow, stocks slip as Trump announces new tariff plans

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US stocks (^DJI, ^IXIC, ^GSPC) open Wednesday's session lower after President Trump announced a new set of 25% tariffs that could target automobile, semiconductor, and pharmaceutical imports. Investors are also awaiting the release of the minutes from the Federal Reserve's January FOMC meeting.

While Morning Brief anchor Madison Mills outlines recent chip stock moves, Yahoo Finance markets and data editor Jared Blikre examines the broader market action.

To watch more expert insights and analysis on the latest market action, check out more Morning Brief here.

This post was written by Luke Carberry Mogan.