Liberation Day, tariffs
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USA TODAY |
Trump is expected to enact reciprocal tariffs on major trading partners.
Reuters |
Canada's main stock index on Wednesday surged by the most in five years, led by gains for resource and technology shares, as investors cheered a sudden reversal by the U.S. on tariffs.
Wall Street Journal |
U.S. stocks tumbled in midafternoon trading, erasing some of the gains from a historic rally.
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Canada is bracing for the fallout of President Donald Trump’s escalating trade war, with economists warning of spiking grocery prices, major job losses and even a potential recession if threatened
Canada and Mexico are still subject to a 25 percent tariff, with goods covered under the United States-Mexico-Canada Agreement exempted. “The tariffs will be not a full reciprocal. I could have done that, I guess. But it would have been tough for a lot ...