By GERTRUDE CHAVEZ-DREYFUSS
NEW YORK- US Treasury yields slipped on Tuesday in volatile trading, weighed down by persistent uncertainty surrounding the administration’s trade policy after a slew of headlines on tariffs ended up with Canada and Mexico getting 30-day reprieves on those duties.
US President Donald Trump on Monday suspended his threat of 25 percent tariffs on Mexico and Canada at the last minute, agreeing to a 30-day pause in return for concessions on border and crime enforcement.
China, on the other hand, imposed targeted tariffs on American imports on Tuesday and put several companies, including Google, on notice for possible sanctions, in what market participants described as a measured response to an additional 10 percent US tariff on Chinese exports. — Reuters