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Kiplinger
Kiplinger
Business
Karee Venema

Stock Market Today: Stocks Trim Losses After Trump Tariffs

Stock Market Donald Trump José Torres Meta Mexico Tesla Inc.
Closeup of stock market chart with red and green bars and Bollinger bands.

Stocks opened sharply lower Monday as Wall Street reacted to news that the Trump administration levied tariffs against Canada, Mexico and China. However, the main benchmarks finished well off their session lows after Trump delayed Mexico tariffs.

Over the weekend, President Donald Trump said the U.S. will levy 25% tariffs on Mexico and Canada and 10% tariffs on China. Stock market losses ranged from 1.4% to 2.5% in early trading Monday.

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