Global stocks rose Monday after U.S. President Donald Trump suspended plans to impose tariffs on Mexico as the countries inked a deal on immigration. But broader concerns remain over global growth and a trade dispute between the United States and China that shows no sign of easing.
After U.S. markets closed on Friday, Trump tweeted that Mexico “has agreed to take strong measures” to stem the flow of migrants from Central America into the United States. He added that 5% tariffs on imports from Mexico, meant to take effect Monday, were “indefinitely suspended.”
