Stocks are rallying worldwide Monday after President Donald Trump relaxed some of his tariffs, for now at least. The S&P 500 was 1.5% higher in early trading. It’s coming off a chaotic week where it careened through historic swings as financial markets struggled to catch up with Trump’s moves on tariffs,

President Donald Trump hinted that he might temporarily relieve the auto industry from “permanent” tariffs he previously imposed on the business. The president didn't specify how long the potential pause would be or what it would entail,

President Trump has ordered a probe that may result in tariffs on critical minerals, rare-earth metals and associated products such as smartphones.

This is the start of a critical week for the White House, with a new round of tariffs on the way.