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Markets shaken as the US tariffs against Canada, Mexico comes into force


Shares rose in the Wall Street in the Wall Street in the morning trade war between the United States, but the uncertainty around the tariffs has protected a bit in a slightly protective global markets.

Tariffs between the United States, China, Canada and Mexico, with signs of weakness in the economy, a recent reduction for any shares helped.

The S & P fell by 1.4 percent, usually fell to almost every sector, except for real estate and utilities considered relatively safer.

The Canadian main fund index decreased about 400 points in early trade and the Dow Jones is one of the largest indicators of the US economic health, 580 points or 1.3 percent, and 1004s. Nasdaq composition fell 1.4 percent.

The markets in Europe fell sharply, and shares in Asia saw a more modest landing.

Drops follow a steep sale Monday. In total, landing in November, US President deleted all markets for the selection of Donald Trump. Rising tariffs and inflation in inflation that increased consumer prices is both the economy and the Wall Street.

Imports from Canada and Mexico are taxed in 25 percent, and 10 percent import duty with Canadian energy products. In February, 10 percent of the Trump, placed in Chinese imports, was twice a percentage of 20 percent.

The transport truck falls on a sign under a sign of a highway "Bridge to Canada. Just go out."
The trade truck drives on Monday to the Ambassador Bridge for Detroit, Detrocher Windsor. (Rebecca Chef / Reuters)

The revenge was rapidly.

China, including major US companies, including core, pork, soy and beef, including key US farms, soy and beef, and has expanded the import and expanded departments and has responded to new US tariffs.

Canada plans plans for tariffs on tariffs in more than $ 100 billion in American goods for 21 days. Mexico also plans tariffs for goods imported from the United States

The market reaction is first silent

Uncertainty covered with trade war – is not known that the tariffs and countertop measures can continue with specialists – according to a specialist, the initial market response is not a slightly silent reasons.

“We do not know that this is the key,” Derek Holt, “Derek Holt, the head of the presidential and capital markets, the head of the economy, noted the notice of customers. Added that Trump could be a variable figure in terms of decision-making, so it is not known how long to protect tariffs.

“If they continue, then the effects of the economy and markets will take a long time. This may take a long time, it can last for a long time starting and starting a week after plant parcels.”

Holt, Canada, Mexico and China, as in this stage, in this stage, as in this stage, it was not excessive as some losses in the markets.

A person stands in the middle of a hallway in a grocery store.
Peracenders express the concerns of effective warnings, small enterprises and suppliers to the recent financial stations, expressing their concerns to transfer or raise prices. (Ben NELMS / CBC)

Although Canada is compatible with 25 percent of tariffs, reverse measures target a smaller volume of US imports. China will not enter the US goods tariffs until March 10, and Mexico will not announce the target of other US products.

These actions are the “intended point”, leaving a place for negotiations, Holt, and minimize the shock to the local economy.

Chief Economist Douglas Porter in Montreal Bank, if customers stay within a year, “will face the average recession in Canada.”

“Taking into account the lack of historical precedent, we estimate that the tariffs will increase by about 1.5 percent in 2025 and reduce the growth of real GDP to about 0.5 percent.”

Retailers, warning companies

Tariffs require retail sales and retail warnings, including the latest financial results. 4.9 percent decreased by defeating Wall Street’s earnings forecasts.

The best shopping after providing investors a warning about a weaker gain and tariff effect than expected.

Clock | If tariffs continue, when do consumers feel the heat?:

How often the tariffs are more expensive?

US President Donald Trump is expected to start 25 percent of Canadian goods on March 4.

Some effects in the consumer level in Canada were immediately.

On Tuesday morning, Selling Liquid Products, Ontario’s website for the Drink Supervisory Board showed that it was “temporarily in response to US tariffs in response to US tariffs.”

LCO noted that the service in the store is ineffective.



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