NEW YORK -- U.S. stocks suffered more losses on Tuesday as investors grew increasingly anxious about the economic impact of U.S. President Donald Trump's tariff policies.

The Dow Jones Industrial Average dropped 670.25 points, or 1.55 percent, closing at 42,520.99, following Monday's nearly 650-point selloff. The S&P 500 fell 1.22 percent to 5,778.15 after suffering its worst session of the year, while the Nasdaq Composite edged down 0.35 percent to 18,285.16. (US-Stocks)

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CAIRO/GAZA -- Arab leaders approved on Tuesday an Egyptian reconstruction plan for Gaza, which is estimated to cost 53 billion U.S. dollars and aims to avoid displacing Palestinians from the enclave.

The plan was accepted at the closing of the emergency Arab summit held in Cairo with full support from participating Arab leaders. (Egypt-Arab Summit-Gaza)

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OTTAWA -- The Canadian federal government on Tuesday announced a detailed tariff package after Prime Minister Justin Trudeau vowed that Canada will not back down from a fight against the trade war initiated by U.S. President Donald Trump.

According to a news release issued by the Finance Ministry, the first phase of Canada's response includes tariffs on 30 billion Canadian dollars (about 21 billion U.S. dollars) in goods imported from the United States, effective as of 12:01 a.m., March 4. The list includes products such as orange juice, peanut butter, wine, spirits, beer, coffee, appliances, apparel, footwear, motorcycles, cosmetics, and certain pulp and paper products. (Canada-US-Tariff)

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KIEV -- Ukrainian President Volodymyr Zelensky said on Tuesday that his country stands ready to enter peace negotiations without delay.

"Ukraine is ready to come to the negotiating table as soon as possible to bring lasting peace closer. Nobody wants peace more than Ukrainians," he said on social media platform X. (Ukraine-Zelensky-Conflict) Enditem

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