Get all your news in one place.
100's of premium titles.
One app.
Start reading
The Independent UK
The Independent UK
Io Dodds

Stocks tumble after Trump kills hope for last-minute tariff deal with Mexico and Canada

The stock market dropped sharply on Monday after Donald Trump said he would impose his threatened trade tariffs on Mexico and Canada.

The Dow Jones Industrial Average fell by as much as 2.5 percent compared to its peak near the start of the day before recovering marginally, while the S&P 500 — reflecting the share prices of the USA's 500 biggest publicly traded companies — dropped by as much as 2.8 percent.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.