Wall Street gets Mexico tariff relief, ASX set to rise

Wall Street gets Mexico tariff relief, ASX set to rise

Source: Sydney Morning Herald

Wall Street swung between sharp and more modest losses as sharemarkets worldwide sank on concerns President Donald Trump’s tariffs may ignite a punishing trade war.

The threat of a punishing trade war sent Wall Street on a rollercoaster Monday. After initially falling sharply on worries about President Donald Trump’s tariffs, US stocks pared their losses after Mexico said it had negotiated a one-month reprieve.
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