Stocks Slump as Trump Tariffs Take Effect
The S&P 500 added to recent losses in early trading. German automakers, many of which have plants in Mexico that make vehicles that are sold in the United States, were especially hard hit.
It Is Happening Every Day, Every Where
The S&P 500 added to recent losses in early trading. German automakers, many of which have plants in Mexico that make vehicles that are sold in the United States, were especially hard hit.
German automakers, many of which have plants in Mexico that make vehicles that are sold in the United States, were especially hard hit.
The S&P 500 fell 1.8 percent on Monday after President Trump doubled down on plans to impose 25 percent tariffs on Canada and Mexico starting Tuesday.
China is still cautiously trying to figure out what Trump wants. The president has threatened big tariffs in response to the inaction.
The president initiated an investigation that could lead to tariffs on lumber imports, nearly half of which comes from Canada.
The cost of steel pipe used to line oil and gas wells rose after President Trump said he would impose tariffs on steel and aluminum imports.
The president also said he would impose an additional 10 percent tariff on China as he tries to force other countries to take more action on drug shipments.
The president also said he would impose an additional 10 percent tariff on China as he tries to force other countries to take more action on drug shipments.
The United States is in talks with several countries in an effort to immediately secure new supplies.