Wall Street is taking a hit from uncertainty about Trump -Teaching Rates

Wall Street saw a challenging start to the week with Nasdaq, Dow Jones and S&P 500, all of which throw value on Monday as the private sector expected the financial fall of what could be the United States that waged a whole trade war with Canada, Mexico , and China.

“How’s the market doing?” Trump asked journalists when they left the Oval Office Monday after the president signed a stack of executive orders.

When he was informed of Monday’s sales, the president replied to carefully track the markets: “I am not thinking about it.”

However, Trump intends for tariffs to hold allies and China responsible for the flow of fentanyl and illegal immigration to the US economists warned, however, that they would aggravate inflation for Americans.

At. At 10.30 am, President Trump and Mexican President Claudia Sheinbaum announced an agreement to put customs for a month for a month to give time for negotiations.

“I am convinced that in a month we will deliver results for both his people and Mexico,” sheinbaum said.

As part of the deal, Mexico will deploy 10,000 troops to the US -Mexico border to tackle the flow of Fentanyl and undocumented migrants.

“They want to keep them out, seriously out, otherwise they will have a great punishment,” Trump said.

In turn, the United States agreed to help limit the flow of weapons to Mexico.

After two phone calls, President Trump and Canadian Prime Minister Justin Trudeau agreed on a 30-day break, with Canada committed to a series of boundary security measures.

“In addition, Canada obliges new obligations to designate a fentanyl-czar, we show cartels as terrorists, secure 24/7 eyes on the border and launch a Canada’s common strike strength to combat organized crime, fentanyl and money laundering. I have also signed a New intelligence directive on organized crime and fentanyl, and we will support it with $ 200 million, “Trudeau said in a statement.

In the social post of a truth, Trump wrote, “As President, it is my responsibility to secure the safety of all Americans, and I do just that.”

Despite these agreements, there is still a 10% duty on Chinese imports that will come into force at 1 p.m. 12:01 Tuesday.

“And China will hopefully stop sending us fentanyl, and if they are not, tariffs will go significantly higher,” Trump said.

In response, China promised to bring a legal case against the United States to the World Trade Organization and take other countermeasures and add global market stresses.

“The market that has risen is oil prices. They are up enough that they will make it cost you another 80 cents to fill the tank on your car and again it can go higher,” Jason Furman, former Deputy Director For the National Economic Council said.

Economists and many politicians agree on the probable result for the country that introduces customs.

“It will increase the cost of everything. In other words, it will be paid by American consumers. I mean, why would you want to get in a fight with your allies about this?” Former Majority Leader Senator Mitch McConnell, R-KY., CBS told.

The White House opposed predictions of rising prices for Americans, citing tariffs and low inflation during the first Trump administration, although the current tariffs are significantly greater in size and scope.