Trump Refocuses on Tariffs and Trade Deals With Russia and Ukraine
Briefly

President Trump has signaled that new tariffs on imports from Mexico and Canada are set to take effect soon, contributing to significant stock market declines. On the horizon, tariffs on aluminum and steel will follow shortly after, leading to concerns among investors. Simultaneously, despite the ongoing Russia-Ukraine situation, there are potential trade agreements in progress concerning access to valuable natural resources, although resistance remains on security guarantees for Ukraine. Meanwhile, Ukraine appears to have secured concessions regarding payment terms for its resources, easing previous financial demands from the U.S.
Investors finally seem to be getting the message: Don't underestimate President Trump's tariffs threat. The S&P 500 fell on Monday to its lowest level since his inauguration.
Trump said that tariffs on Mexican and Canadian imports are going forward on time, on schedule, and would be imposed March 4.
An accord on getting a cut of Ukraine's minerals seems close, but hardly certain. The White House appears unwilling to meet demands by Kyiv and its European allies.
Kyiv may have won a major concession. The latest deal terms no longer contained a demand that Ukraine pay as much as $500 billion into a U.S.-controlled fund.
Read at www.nytimes.com
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