Reported about 8 hours ago
U.S. stocks experienced a sharp decline on Monday following President Trump’s announcement that 25% tariffs on Canada and Mexico will start on Tuesday. This led to significant drops in key indexes, with the S&P 500 seeing its largest percentage drop since December. The Canadian dollar and Mexican peso also fell, while the euro strengthened due to European commitments for a Ukraine peace plan. Concerns over potential economic fallout from the tariffs contributed to the overall market downturn.
Source: YAHOO