Trump’s Tariff U-Turns Send Global Stocks to New Lows

US President Donald Trump has signed executive orders partially reversing sanctions imposed on Canada and Mexico, amid widespread market turmoil and criticism from automakers and both countries’ leaders. The move comes just days after the initial 25% tariffs were announced, prompting furious backlash at home and abroad. Trump has granted a month-long exemption for certain goods, following a similar delay in his previous tariff decision.

Source: https://www.bloomberg.com/news/newsletters/2025-03-06/trump-s-tariff-flip-flops-help-send-stocks-down-again