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Stock Market Plummets as Trump Announces New Tariff War (newrepublic.com)

submitted 1 day ago by [email protected] to c/[email protected]

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Donald Trump announced new tariffs will take effect this weekend—sending the stock market crashing.

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[–] [email protected] 3 points 20 hours ago

May drop a bit more Monday. Big 3 autos are a small segment of S&P now. Tesla may face retaliation. NORAD fees is the nuclear option. "declaration of war" official statement, and US companies standing by their Canadian supply chain is the key "unknown", but either way means Canada is a friend, that undermines Trump, or enemy that undermines US economy/S&P.