Here’s more: Trump raises Canadian steel and aluminum tariffs to 50% as trade war escalates Read more Share.
The benchmark Dow Jones Industrial Average is right now down 1.1%, or a drop of more than 400 from the open.
6h ago 14.08 GMT Trump orders more tariffs on Canada after Ontario levies tax on electricity exports Donald Trump has ordered an increase in tariffs on Canadian steel and aluminum and threatened to impose more levies, after Ontario yesterday slapped a 25% surcharge on electricity exports to three US states.
This will allow the U.S to quickly do what has to be done to alleviate this abusive threat from Canada.
Here’s more about that: Ontario sets 25% surcharge on energy exports to US to counter Trump tariffs Read more Share Updated at 14.35 GMT.
But a big stock market sell off in the opening weeks of their new administration is something Trump wants to get ahead of.
Here’s more about yesterday’s jitters on Wall Street: Global stock markets register heavy falls as White House tries to talk up Trump tariffs Read more Share. »