Wall Street closes down, pares losses after Trump delays Mexico tariffs
The major stock indexes closed lower on Monday, but partly recovered from initial steeper losses as U.S. President Donald Trump delayed tariffs on Mexico after his orders to levy tariffs on three countries sparked a global scramble to safe-haven assets earlier in the day.
Wall Street falls on fears about Trump's tariffs, but not as badly as feared in the morning
NEW YORK (AP) — The threat of a punishing trade war sent Wall Street on a roller coaster Monday, with U.S. stocks initially falling sharply on worries about President Donald Trump's tariffs but then paring those losses after Mexico said it had negotiated a one-month reprieve.
ING Economics estimated that the proposed tariffs, if enacted, would raise annual spending costs for consumers by $835 per ...
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