Stocks closed lower after a volatile day of trading, with automakers and banks among big losers, after President Trump hit Mexico, Canada and China with tariffs, prompting pushback from all three countries.
Beijing, Mexico City and Ottawa reply in kind to Washington, Minnesota’s agricultural exports will likely become more expensive and thus less competitive on the world market," John Rash writes. (Glen
China and Canada are fighting back as new U.S. tariffs take effect against those countries and Mexico. Beijing swiftly announced 15% retaliatory tariffs on some American goods. Canada says Ottawa will immediately respond with tariffs on $30 billion of U.
ABP Live on MSN1d
Trump Halts Tariffs On Imports On Canadian Goods, Says 'Big One' Coming On April 2; Ottawa RespondsAmid concerns over a trade war, US President Trump has suspended 25% tariffs on Canada and Mexico imposed earlier this week.
Measures include better access to EI and billions of dollars in funding to help businesses impacted by tariffs
The Canadian Press on MSN1d
Ottawa announces $6.5-billion business aid package as Trump targets dairy, lumberThe federal government has put together a $6.5-billion aid package and is making temporary changes to the employment insurance program to support Canadian businesses and workers through the trade war with the United States.
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