Reported about 6 hours ago
U.S. stocks saw a significant decline on Monday, marked by the S&P 500's largest drop since December, after President Trump declared 25% tariffs on Canada and Mexico would take effect on Tuesday, leaving no room for negotiation. The announcement caused the Canadian dollar and Mexican peso to fall, while the euro rose following the agreement among European leaders to propose a Ukraine peace plan. As the prospect of economic fallout from these tariffs looms, markets reacted negatively, with major indexes falling sharply.
Source: YAHOO