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Stock market today: S&P 500, Dow extend declines as Trump boosts Canadian steel, aluminum tariffs

Upworthy Tuesday, 11 March 2025 ()
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 aluminum to 50%. In addition, Trump threatened to "substantially increase" duties on cars imported into the US from Canada. He said in a…
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Video Credit: Oneindia - Published
News video: Breaking: Trump Orders 25% Tariff Increase on Canadian Steel, Aluminum After PM Carney’s Warning

Breaking: Trump Orders 25% Tariff Increase on Canadian Steel, Aluminum After PM Carney’s Warning 03:18

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...

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