Stocks sink as Trump trade war with Canada, Mexico escalates
- On Tuesday, President Donald Trump's trade tariffs of 25 percent on Mexico and Canada went into effect, causing immediate negative effects on the stock market, including a 410-point drop in the Dow Jones Industrial Average within minutes of trading opening.
- In retaliation, Canada announced retaliatory tariffs of 25 percent against $155 billion of American goods, as stated by Prime Minister Justin Trudeau.
- China will impose additional tariffs on U.S. Goods starting March 10, including levies on several agricultural products, as a response to Trump's trade measures.
- The uncertainty caused by these tariffs has led to a decline in consumer confidence and concerns about increased inflation for U.S. Households.
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194 Articles
194 Articles
All
Left
34
Center
36
Right
20
Coverage Details
Total News Sources194
Leaning Left34Leaning Right20Center36Last UpdatedBias Distribution40% Center
Bias Distribution
- 40% of the sources are Center
40% Center
L 38%
C 40%
R 22%
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