💨 Abstract
Trump's announcement of a one-month pause on new tariffs on Mexico led to a recovery in the iShares of MSCI Mexico ETF. Stocks initially fell due to Trump's imposition of tariffs on Mexico, Canada, and China, causing concerns about a trade war that could harm growth and profits. Sectors with significant Mexico exposure, such as automobiles and beverages, saw losses at the start of trading.
Courtesy: theprint.in
Summarized by Einstein Beta 🤖
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