Wall Street was seen showing an increase on Tuesday due to the delay of tariffs on Canada by President Donald Trump, just like Mexico.
Tariffs are taxes imposed on goods and services that are usually imported from abroad.
Trump had previously signed an 'executive order' for tariffs that will be imposed on Canada and Mexico by 25% while 10% for China.
The announcement was made on Monday with a one-month delay period intended to allow for further discussions.
This was confirmed by Canadian Prime Minister Justin Trudeau who posted on social media stating that the tariffs on Canada would be delayed for 30 days.
Before the announcement of the tariff delay made by Trump, the markets on Monday were seen to fall with the Dow Jones falling by 0.28%, while the S&P 500 and Nasdaq Composite were down 0.76% and 1.2% respectively.
Earnings reports this week will be of interest to investors, especially from companies such as AMD, Alphabet and PayPal, including the US NFP jobs report on Friday.
