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.
Standard&Poor’s 500-Stock Index
Stocks and Mexican Peso Slump as Trump Tariffs Take Effect
German automakers, many of which have plants in Mexico that make vehicles that are sold in the United States, were especially hard hit.
Stocks Post Biggest Loss of the Year on Trump’s Tariff Plans
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.