Dow plunges amid tariff tensions; Trump announces 50% levy on Chinese goods, sparking market-wide selloff fears.
Bank of America warns trade tensions may lower S&P 500 earnings by 10%, adjusting 2025 forecasts.
U.S. consumer credit fell by $0.81 billion in February, signaling reduced borrowing and shifting economic behavior.
Markets rebounded after false tariff pause report; dollar rose, gold dropped, volatility reflected ongoing trade uncertainties.
Canadian Dollar fluctuates amid US tariff tensions, Bank of Canada outlook, oil prices, and inflation concerns.
Business sentiment declines sharply as Canadian firms face rising costs and anticipate recession amid US tariffs.
Trump emphasized fair trade, urging the EU to buy U.S. energy and noting progress with Russia, Ukraine.
Trump’s 34% China tariff spurs retaliatory measures; cumulative import taxes may exceed 100% by April.
Crude oil drops 2.08% to $60.70; OPEC+ supply hike and tariffs fuel economic concern.
US Dollar Index recovery falters near 103.00 amid falling yields, tariff tensions, and inflation data focus.
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