Markets rally as Mexico tariffs halted after Trump convinces neighbor to send 10,000 troops to the border

Daily Mail

Summary

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The main European stock markets were all down more than 1%, while earlier Japan's stock market had closed down 2.7%.
Saudi Gazette
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Global financial markets fell on Monday following the tariffs imposed on Canada, Mexico and China by U.S. President Donald Trump, while world leaders steeled themselves to respond to his next moves, with the European Union potentially next in line.
The Gazette
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The US president has set in train 25% import taxes for Canada and Mexico across all products other than Canadian energy, which will face a 10% tariff.
Guardian
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The Chinese offshore yuan dropped 0.36% to 7.347 against the greenback, following Trump's imposition of a 10% duty on Chinese exports to the U.S. Major investment banks have forecast the yuan to weaken to an average 7.51 per dollar by the end of this year due to Trump tariffs.
CNBC

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updated 88:88

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