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Emerging Markets Waver as Traders Weigh Tariffs, US-Ukraine Feud

(Bloomberg) -- Emerging-market assets kicked off March little changed as traders monitored a looming deadline for US tariffs on key trading partners, while Ukraine bonds fell on the fading prospects of a near-term peace deal.Most Read from BloombergCuts to Section 8 Housing Assistance Loom Amid HUD UncertaintyHow Upzoning in Cambridge Broke the YIMBY MoldRemembering the Landscape Architect Who Embraced the CityNYC Office Buildings See Resurgence as Investors Pile Into BondsHong Kong Joins Global

Wall Street hit by Trump tariffs on Canada and Mexico

Wall Street's main stock indexes tumbled Monday to end sharply lower after President Donald Trump announced the start of 25% tariffs on Canada and Mexico. Trump said on Monday that there was no chance for Mexico or Canada to prevent 25% tariffs from taking effect on Tuesday. "They're going to have to have a tariff.