NEW YORK -- The major U.S. stock indexes closed lower on Monday, but pared heavy early losses after Mexico's announcement that it reached an agreement with President Donald Trump to put planned American tariffs targeting the country on hold for a month.
Trade war
U.S. market closes lower after Trump delays Mexico tariff
Washington's levies on Canada and China are set to take effect
Global markets tumbled Monday in response to President Donald Trump's tariffs on Canada, China and Mexico. © Reuters
Read Next
Latest on Trade war
