The New York Stock Exchange fell on Monday, shaken by fears linked to new customs duties decided by Donald Trump. However, the losses were limited after the announcement of a period granted to Mexico and Canada. The Dow Jones fell 0.28 %, the Nasdaq of 1.20 %and the S&P 500 of 0.76 %.
The session promised to be much more agitated at the beginning of the day after US President’s decision to impose 25 % taxes on imports from Canada and Mexico, as well as a 10 % surcharge in Chinese products. But at the end of the day, the market resumed some breath after Donald Trump announced the postponement of a month to apply these measures against Mexico and then against Canada.
Negotiation instead of a coup d’etat?
This presidential flip-flop reassured certain investors, who saw it as a form of flexibility. “The fact that Donald Trump decided to leave Mexico for a month …