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Wall Street falls following Trump’s tariffs but pares its losses after Mexico announces a delay

  • Wall Street experienced significant fluctuations, with the S&P 500 down by 0.78% and the Dow Jones Industrial Average down 0.28% amid concerns over President Donald Trump's tariffs.
  • Mexican President Claudia Sheinbaum announced a one-month delay on tariffs following a conversation with Trump, leading to a partial recovery in the markets.
  • Canadian Prime Minister Justin Trudeau responded to potential tariffs by stating Canada would impose a 25% tariff on $30 billion worth of U.S. Goods.
  • Trump warned that Americans may experience 'some pain' from the tariffs, but he believes it will be 'worth the price' to enhance the economy.
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