Those with any investment portfolios or funds tied up in Canadian and American markets more than likely noticed their stocks take a tumble yesterday as tensions between the two countries continue.
The TSX dropped nearly 400 points, the Dow Jones plunged by almost 900 points, while the Nasdaq suffered its worst day in three years.
Photo from @WhiteHouse X account
The market plunge was triggered by economic uncertainty created by the trade war between the United States and Canada and U.S. President Donald Trump not ruling out the possibility of a recession.
While Trump has put the brakes on sweeping 25 per cent tariffs on Canada and Mexico until early April, the president is said to be moving ahead with a 25 per cent levy on steel and aluminum imports later this week.
