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,

Everyone expected Trump’s policies to damage the U.S. and global economy, but that damage keeps not appearing.

Just days before the end of a 90-day pause he announced on his April 2 “Liberation Day” tariffs, Trump said the first batch of letters outlining the tariff levels they would f