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Canada and U.S. stock markets fall for a second day after trade war launched
North American stock markets closed out a volatile trading day with broad losses as the U.S. imposed sweeping tariffs on imports from Canada and Mexico, triggering a continental trade war.
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Energy & Commodities
JPMorgan traders turn glum on U.S. stocks, expecting tariff pain
As President Donald Trump unleashes a salvo of tariffs on nations around the globe, the trading desk at JPMorgan Chase & Co. is bracing for US equities to extend losses as levies weigh on growth at home and overseas.
Trump's Tariffs
Trudeau promises Canada will ‘not back down’ from trade war, calls Trump reasoning for tariffs ‘bogus’
Prime Minister Justin Trudeau is promising Canada will “not back down” from the trade war, calling U.S. President Donald Trump’s stated reasoning for imposing punishing tariffs on Canadian imports a “bogus” excuse to justify collapsing the Canadian economy in the hopes of making it easier to annex the country.
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