Get the latest gossip
Wall Street Rattled Again As Donald Trump Pledges To Double Tariffs On Canadian Steel And Aluminum
Donald Trump escalated his trade war with Canada again today, promising to double the tariffs on aluminum and steel. Wall Street jitters over the White House economic policy continued again, as the Dow Jones Industrial Average was off by more than 300 points in morning trading. Trump’s latest tariff was in response to a 25% […]
Donald Trump speaks to a joint session of Congress last week.Photo by Win McNamee/Getty Images Wall Street jitters over the White House economic policy continued again, as the Dow Jones Industrial Average was off by more than 300 points in morning trading. Trump’s latest tariff was in response to a 25% surcharge in the price of electricity coming into the United States from the Canadian province of Ontario. Canadians’ taxes will be very substantially reduced, they will be more secure, militarily and otherwise, than ever before, there would no longer be a Northern Border problem, and the greatest and most powerful nation in the World will be bigger, better and stronger than ever — And Canada will be a big part of that,” Trump wrote.
Or read this on Deadline