Trump Walks Back Tariffs on Mexico, Canada for Another Month

(The Center Square) – Stocks sunk Thursday afternoon despite President Donald Trump's decision to grant major exceptions to the 25% tariffs he put on Mexico and Canada earlier this week. All three major U.S. market indexes were in the red by the time of Trump's afternoon bill signing. Trump said Thursday in the Oval Office that steel and aluminum tariffs were on track for next week without modifications. Trump shrugged off the stock losses, blaming the decline on "globalists."

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Full story: https://www.thecentersquare.com/national/article_d7e727b0-facc-11ef-934d-33617745799c.html

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