Stocks are falling again on Wall Street as companies and investors react to President Donald Trump's decision to impose tariffs on the U.S.'s biggest trading partners. The S&P 500 dropped

President Donald Trump says he plans to impose tariffs on Canada and Mexico starting next Tuesday, in addition to doubling the 10% universal tariff charged on imports from China. Posting on Truth Social,

Citing the unchecked flow of fentanyl, he plans to levy a 25% tariff on most products from our northern and southern neighbors. China faces an additional 10% levy.

President Donald Trump on Thursday signed executive actions that delay for nearly one month tariffs on all products from Mexico and Canada that are covered by the USMCA free trade treaty, a significant walkback of the administration’s signature economic plan that has rattled markets,

Starting just past midnight Tuesday, imports from Canada and Mexico are now taxed at 25%, with Canadian energy products getting tariffed at 10%.

In another reversal, Trump postponed for a month new tariffs on imports from Canada and Mexico that fall under the three nations' free trade deal.

President Trump suspended tariffs for both countries after Mexico’s leader presented her security successes, and after U.S. markets fell and business leaders urged the White House to change course.

President Trump said he wanted to “help” Mexico and Canada with his delay of some tariffs against Canada and Mexico until early next month.

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