Trump doubles tariffs on Canadian steel and aluminum to 50%, US market slumps as recession fears grow
Tuesday, 11 March 2025 () US President Trump increased tariffs on Canadian steel and aluminum imports to 50%, citing Ontario's electricity price hikes. The decision led to a drop in the US stock market, sparking concerns about economic slowdown and recession risks. Economists warn of inflation and growth challenges, while the White House emphasizes job creation and factory investments in the US.
Trump has announced a 25% tariff increase on Canadian steel and aluminum, escalating trade tensions between Washington and Ottawa. The decision comes just days after Canadian Prime Minister Mark Carney warned of potential economic fallout from U.S. trade policies. Trump justified the move by citing...
Trump has doubled down on his support for tariffs, calling them the "greatest thing" America has ever done. Speaking aboard Air Force One, Trump claimed that tariffs will "make the U.S. rich again"..
Canada's next Prime Minister, Mark Carney, has hit back at Donald Trump's controversial remarks about making Canada the 51st U.S. state. Carney declared that Ottawa will never bow to American pressure,..
📉 The stock market is in turmoil as Trump’s shifting tariff policies and disappointing earnings reports from major companies like Marvell (MRVL) and Macy’s (M) send Dow, S&P 500, and..
In This Article: Stocks seesawed as they attempted to stage a comeback on Tuesday after President Donald Trump said he's boosting tariffs on Canadian steel and... Upworthy
US President Donald Trump faces increased pressure to stimulate economic growth after a brutal market selloff on Monday indicated rising recession risks. euronews
President Trump is doubling down on his widespread tariffs threats despite a stock market downturn that has helped fuel anxiety the nation could slide into a... Upworthy
Tuesday, 11 March 2025 ()
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