U.S. stocks dive on tariff woes


  • World
  • Tuesday, 04 Mar 2025

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.

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