The president has sent the message that he’s committed to tariffs, and that he sees room for deals with Ukraine and Russia.

President Trump made clear, for now, that he expects a raft of tariffs to take effect soon.Doug Mills/The New York TimesThe carrot and stick approach

Investors finally seem to be getting the message: Don’t underestimate President Trump’s tariffs threat. The S&P 500 fell on Monday to its lowest level since his inauguration on jitters that a new round of the Trump trade war would kick in next week.

The slump comes even as Trump offered a carrot to corporate America on Monday, insisting that as part of his efforts to help end the Russia-Ukraine war, his administration is already working on deals to gain access to those nations’ valuable natural resources.

Trump said that tariffs on Mexican and Canadian

Keep reading this article on Andrew Ross Sorkin – Author New York Times.

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