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Last-minute phone calls pull the North American neighbours back from the brink of a trade war, but the US is still targeting Chinese imports.
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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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BBC reporters in the US, Canada and Mexico assess the fallout after Trump gets border promises in return for a 30-day pause on tariffs.
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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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Defense Secretary Pete Hegseth and Thomas D. Homan, President Trump's border czar, toured areas near Mexico.
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Cryptocurrencies tumbled over the weekend in a risk-off move after President Donald Trump hit Canada, Mexico and China with long-threatened import tariffs.
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Also, aid agency staff members were shut out of their offices. Here's the latest at the end of Monday
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Trump told reporters on Sunday he planned to speak with Canadian Prime Minister Justin Trudeau and Mexican President Claudia Sheinbaum on Monday.
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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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Trump agreed to delay tariffs on Canada and Mexico after their leaders agreed to measures to stop the flow of the opioid fentanyl into the U.S.
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