Wall Street follows world markets lower ahead of new Trump tariffs

NEW YORK (AP) — President Donald Trump's "Liberation Day" is fast approaching, and stock markets around the world are tumbling in advance of it. The S&P 500 fell 1.1% early Monday. It's on track to finish the first three months of the year with a loss of more than 5%, which would make this its worst quarter in nearly three years. The Dow Jones Industrial Average was down 293 points, and the Nasdaq composite was 1.9% lower. The drops follow a sell-off that spanned the world as worries build that tariffs coming Wednesday from Trump will worsen inflation and grind…