Traders work on the New York Stock Exchange floor during the morning trading in New York on February 3, 2025.
Michael M. Santiago | Getty Image
Dow Jones Industrial Average A large -scale comeback was made on Monday, and the United States and Mexico collected sudden losses from the day after the day, stating that tariffs for trading partners would be suspended for one month.
The average of 30 stocks decreased by 84 points and decreased by 0.2 %. The low price of the day fell 665.6 points, 1.5 %. S & P 500 and NASDAQ COMPOSITE It was traded from the lowest distance, respectively, and dropped 0.9 %, respectively.
ISHARES MSCI MEXICOETF (EWW)Mexico’s stock was tracked and recovered to a transaction that exceeded 2 %.
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After President Donald Trump attacked Canada and Mexico, the shares first collected 25 % of imports and fell on Monday. The United States also issued 10 % of Chinese products to Chinese products. The news has caused the US and overseas shares to fall, causing major global sales.
However, following the conversation with Trump, President Mexican President Claudia Sembuam seemed to calm investors.
“We had a good conversation with President Trump with great respect for our relationship and sovereignty. We have reached a series of agreements,” said Shainbaum according to the Spanish translation. Ta.
Trump later confirmed temporary transactions about the true society. “It’s a very friendly conversation, and I agree to immediately provide 10,000 Mexican soldiers on a border between Mexico and the United States,” Trump wrote, and negotiations for more permanent transactions. Added that the negotiations for that month will continue.
The suspension of tariffs in Mexico has enhanced some of the bullish views of investors that all countries tariffs are Trump’s negotiation tools and investors should not respond too much.
“Please delusion of us, but I don’t think the permanent tariff on US allies (Canada, Mexico) is not yet the case,” said Macquolly’s global FX and rate strategist Tierry Wiseman. I did it. “Because concessions are” easier “methods for dealing with Trump’s” problems “(from cost -effectiveness and game theoretical perspective), Trump likes to trade. As in 2018, we will conclude. “