Trump tariffs impact global trade, shaking industries and stock markets. Domestic steel and aluminum producers benefit, while automakers and consumers face higher costs. Stock market volatility is rising,

President Trump suspended tariffs for both countries after Mexico’s leader presented her security successes, and after U.S. markets fell and business leaders urged the White House to change course.

President Donald Trump on Thursday signed executive actions that delay for nearly one month tariffs on all products from Mexico and Canada that are covered by the USMCA free trade treaty, a significant walkback of the administration’s signature economic plan that has rattled markets,