The White House announced Monday that President Donald Trump is slated to sign an order delaying his 90-day tariff pause by another month, as the president began announcing a suite of new tariff rates on foreign goods, sending letters to countries including Japan, South Korea and Malaysia that impose tariff rates of 25% or higher. How Did Stocks React To The Tariffs? Stocks slightly fell Monday in response to Trump sharing his letters to Japan and South Korea, with losses steepening immediately after the announcement. The Dow Jones Industrial Average, S&P 500 and Nasdaq Composite were all down about 1% as of early Monday afternoon, while stocks of Japanese automakers Toyota and Honda had bigger slides, dropping by 4%. Crucial Quote “These Tariffs may be modified, upward or downward, depending on our relationship with your Country,” Trump said in his letters Monday. The Trump administration has not given any specifics on which… read more