The Dow Jones Industrial Average fell more than 200 points in early Tuesday action, with investors wrestling with the threat of escalating trade tensions between Europe and the U.S. The Dow DJIA, -1.92% was down by about 200 points, or 0.8%, at 26,133, with its decline representing the sharpest since March 22, according to FactSet data, if it holds. The S&P 500 index SPX, -2.37% was off 0.5% at 2,880, while the technology-laden Nasdaq Composite Index COMP, -3.01% retreated 0.3% at 7,933. Shares of Boeing Co. BA, -3.58% were the worst performer among the Dow's components, producing the stiffest headwind for the blue-chip index for a second session amid the aeronautic and defense contractor's prolonged grounding of its 737 MAX fleet. President Donald Trump Tuesday morning tweeted that the EU has taken advantage of the U.S., adding that it would "soon stop". Meanwhile, the IMF's latest economic forecasts cut the outlook for growth in 2019 to 3.3% from estimates of 3.5% in January and 3.7% in October. The decline has been broadly felt, with all major advanced economies, including the U.S.