Dow Dips as Trump Threatens 35% Tariffs on Canada – WSJ

TL/DR –

Following President Trump’s threat to enforce a 35% tariff on Canadian imports, the Dow slipped and other major indices fell back from record highs. This marks a significant escalation in the ongoing trade war, and it is currently unclear what goods will be affected by the tariff. As a result of the announcement, investors are adjusting their positions in the market.

Key Updates on Stock Market and Trade Policies

Dow Slips after Trump’s 35% Canada Tariffs Threat reveals the impact on the stock market on The Wall Street Journal.

The potential effects of Trump’s tariff are explored in Which Goods May Be Affected by Trump’s 35% Canada Tariff via Yahoo Finance.

S&P 500, Nasdaq Retreat from Record Highs as featured on Barron’s.

Trump’s decision to introduce a 35% tariff on Canadian imports is reported in Trump’s Escalation of Trade War with 35% Tariff on Canadian Imports by NBC News.

Looking at the big picture, Key Takeaways for July 11: Tariffs, Gaza, Texas Floods, Immigration, Arkansas Prison Escape is a must-read on CNN.

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