The 25% hike in tariffs on Canadian steel and aluminum fuels recession fears and corporate uncertainty, contributing to steep losses in U.S. stocks and corporate downgrades. Trump’s New Tariff Order on Canadian Imports Sends Shockwaves Through the Stock Market U.S. stocks continued their downward slide on Tuesday, extending the losses from Monday, as President Donald Trump’s recent tariff order on Canadian imports added to growing recession concerns. Investors are already on edge due to slowing consumer confidence, and the market’s response to the tariff announcement added more volatility to an already fragile economic outlook. In a move that immediately impacted … Continue reading Trump’s New Tariff Order on Canadian Imports Sends Shockwaves Through the Stock Market