Wall Street's major averages were lower on Monday, as investors deal with renewed uncertainty amid President Donald Trump's tariff news. The benchmark S&P 500 (SP500) was last -0.5% in late morning trade,

Wall Street is moving lower as the Trump administration steps up pressure on trading partners to make deals before a Wednesday deadline

President Donald Trump plans to announce trade deals and deliver tariff warnings on Monday, as countries negotiated through the weekend to avoid the highest punitive measures on their exports to the US before a Wednesday deadline.

Stocks retreated at the start of a potentially volatile week, as U.S. trading partners rushed to finish trade deals ahead of a July 9th tariff deadline. President Trump said those aligning with the BRICS group of nations will face an additional 10% levy,