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The tariffs are not happening immediately — at least for Mexico and Canada. But jitters about long-term uncertainty kept stocks from having a positive day.
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President Donald Trump's sweeping tariffs on China, Canada and Mexico, have alarmed allies and spooked markets over fears of a global trade war.
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 Against the backdrop of a brewing North American trade war, global markets opened to sharp losses on Monday morning, but made partial rebounds by noon after Mexican President Claudia Sheinbaum announced that U.S. tariffs against her country would be delayed by one month.
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