New York CNN —
US markets fell again Tuesday after President Donald Trump doubled down on his threat to levy a new round of hefty tariffs on Canada.
Trump said Tuesday in a social media post that he would add a 25% tariff on Canadian electricity and a 50% tariff on all steel and aluminum the US imports from its northern neighbor in retaliation for Ontario’s export surcharge on US electricity.
The Dow was 515 points, or 1.2%, lower in early afternoon trading, paring earlier losses. The broader S&P 500 fell 0.76% and approached correction
→ Continue reading at CNN - Business News
