Canada hits U.S. with $21 billion of retaliatory tariffs as global trade war heats up
So far, the consequences have been significant, at least as measured by markets. Broad stock indexes have now erased their post-electoral gains as investors rebel against the prospect of higher costs. As the trade barbs flew Wednesday, stocks gave up earlier gains seen following a better-than-expected inflation report that appeared to offer short-term relief. Shares … Read more