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Tag: tarrifs

Dow rebounds from massive drop after US delays tariffs against Mexico
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National, New York Post

Dow rebounds from massive drop after US delays tariffs against Mexico

By Ariel Zilber | New York Post Stocks rebounded just before noon on Monday after taking a sharp dive at the start of trading following President Trump’s decision to impose new tariffs on key US trading partners including China, Canada and Mexico — only for him to delay the levies following a conversation with the Mexican leader. The Dow Jones Industrial Average, which dropped by as many as 560 points, recovered to around the break-even point as of 11:21 a.m. Eastern Time on Monday. The S&P 500, which had declined by as much as 1.6%, was only down 0.55%, or 33 points while the Nasdaq, which lost 1.95% to drop nearly 400 points after the opening bell, rebounded to 0.92%, which was down 172 points. READ THE FULL STORY AT THE NEW YORK POST
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Trump moving forward with tariffs on China, Canada and Mexico, targeting trade, border and fentanyl concerns
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Breitbart, National

Trump moving forward with tariffs on China, Canada and Mexico, targeting trade, border and fentanyl concerns

By John Carney | Breitbart The White House confirmed Friday that President Donald Trump will impose new tariffs on major U.S. trading partners this weekend, strengthening his administration’s efforts to protect American industry and national security. White House press secretary Karoline Leavitt announced that a 25 percent tariff will be placed on goods from Mexico and Canada, while Chinese imports will face a 10 percent duty. The move, she said, is aimed at holding these countries accountable for their role in drug trafficking and securing fairer trade terms for American workers. “These nations have all enabled illegal drugs to pour into America,” Leavitt said. “The amount of fentanyl seized at the southern border in recent years alone has the potential to kill tens of millions o...
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