Global markets shrugged off the news, however, with both Asia-Pacific and Europe stocks staging a muted response Tuesday. One reason is likely to be because of Trump's seemingly more flexible approach to the new policies.

Investors are willing to “look through” the risks of President Donald Trump’s new batch of tariffs set to take effect on Aug. 1 because they just see them as negotiating tactics, experts say. But tactic or not,

Wall Street's major averages closed significantly lower on Monday, shedding weekend record gains, as investors dealt with renewed uncertainty amid President Donald Trump's tariff announcements. The benchmark S&P 500 (SP500) finished -0.