Daily Caller Editorial Director Vince Coglianese on the partisan politics in Washington, D.C., President Trump’s Mexico tariff threat, the future of USMCA and immigration reform.
The blue chip Dow Jones Industrial AverageOpens a New Window. and the broader S&P 500Opens a New Window. turned positive Monday on strength from energyOpens a New Window., industrialOpens a New Window. and materials stocks.
The rebound reversed early session tentativeness that reflected heightened worries about how the global economy will hold up as trade tensionsOpens a New Window.increase.
Front and center of those worries is President Trump’sOpens a New Window. threat to impose tariffs on imports from Mexico. In combination with China on Sunday publicly blaming the U.S. for worsening Sino-American trade relations, many investors were seeking safety rather than the relatively more risky stocks.