U.S. stocks dive on tariff woes


NEW YORK, March 3 (Xinhua) -- U.S. stocks fell sharply on Monday, after U.S. President Donald Trump reaffirmed that 25 percent tariffs on imports from Canada and Mexico would take effect as planned.

When asked whether the two countries could avoid the levies, Trump responded, "No room left for Mexico or for Canada. Very importantly, tomorrow, tariffs, 25 percent on Canada and 25 percent on Mexico, and that will start," he said during a press conference.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In World

1st LD: Trump says he will sign order imposing 10 pct global tariff
Tajikistan's population reaches 10.72 million
Switzerland takes men's curling bronze, Sweden, Switzerland set up women's final at Milan-Cortina
Coventry hails Milan-Cortina Games as 'truly successful'
Medal table at Milan-Cortina Winter Olympics on February 20
Ferreira claims men's freeski halfpipe gold at Milan-Cortina Winter Olympics
U.S. stocks close higher
Figure skating roundup: Shaidorov lands historic gold for Kazakhstan as China holds on with fifth in pairs
Rijpma-de Jong wins women's 1,500m gold at Milan-Cortina Winter Games (Updated)
Trump furious after Supreme Court upends his global tariffs, vows new 10% levy

Others Also Read