LIVE Trump says tariffs on Canada, Mexico will go forward on Tuesday Canada, Mexico currencies drop as Trump confirms pending tariffs (Bloomberg) -- The Canadian dollar and Mexican peso slumped after President Donald Trump confirmed 25% tariffs on products from both nations will begin Tuesday.Most Read from BloombergCuts to Section 8 Housing Assistance Loom Amid HUD UncertaintyHow Upzoning in Cambridge Broke the YIMBY MoldRemembering the Landscape Architect Who Embraced the CityNYC Office Buildings See Resurgence as Investors Pile Into BondsHong Kong Joins Global Stadium Race With New $4 Billion Sports ParkThe loonie dropped a Bloomberg • 25 minutes ago Trump: 'No room left for Canada or Mexico,' 25% tariffs set to take effect S&P 500 posts worst day of 2025 as Trump forges ahead on tariffs Nvidia tumbles as chip smuggling report spooks investors Trump says tariffs on agricultural imports to start April 2 Commentary: What Elon Musk's critics are getting wrong Okta CEO: We just had a 'blowout' quarter Trump, TSMC tout $100B investment in US chip manufacturing FDIC to seek rollback of bank merger rule, WSJ reports Tesla pops as Morgan Stanley predicts rally on AI and robotics Latest Albertsons CEO Vivek Sankaran to retire GM hires chief AI officer for new role FDIC's board approves roll back of bank merger policy Stocks slump on Wall Street and Dow drops 650 as Trump says 25% tariffs on Mexican, Canadian imports will start Tuesday BYD Raises $5.6 Billion in Upsized Hong Kong Share Sale Treasury Yields Fall to Multi-Month Lows With US Growth in Doubt Trump Says ‘No Room Left’ for Canada, Mexico to Duck Tariffs TikTok Projects $77 Billion in Sales From TikTok Live, Lawsuit Claims Popular Nvidia's Earnings Roared Higher to Record Levels. So, Why Isn't the Stock Soaring? Elon Musk Made a Big Prediction About Tesla. What History Says Happens to the Stock Next. TKer: It's OK to have emotions — just don't let them near your stock portfolio Trump names cryptocurrencies in strategic reserve, sending prices up Analyst Report: United Rentals, Inc. Sunnova Stock Hits All-Time Low on 'Going Concern' Warning Euro firms with focus on Ukraine talks and US tariffs STREAMING NOW Market Domination: Overtime What to know about Trump’s looming tariffs Nasdaq, S&P 500, Dow sink ahead of US tariffs on Canada, Mexico US stocks (^DJI, ^IXIC, ^GSPC) sink even lower on Monday — the first trading day of March — as the Nasdaq Composite sank by over 2.6% in the session as Wall Street braces for President Trump's 25% tariffs on Canada and Mexico to take effect overnight. The Dow Jones Industrial Average also plummeted by nearly 650 points. Market Domination Overtime's Julie Hyman and Yahoo Finance markets and data editor Jared Blikre take a look back on the day's market action. To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime here. This post was written by Luke Carberry Mogan. 22:14 Okta CEO on Q4 earnings beat, what's driving business 00:55 AbbVie enters obesity treatment via Gubra licensing agreement 03:28 Markets brace for Trump's new tariffs taking effect at midnight 03:03 Trump's tariffs could push US auto prices higher by $12,000 Investment Ideas Build Your Wealth View More More News