The Toronto Stock Exchange (TSX) is down 367 points, or nearly 2%, after Canada’s government announced a series of retaliatory tariffs on U.S. imports amid an escalating North American trade war.
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Canada’s benchmark stock exchange is trading at 25,165.90, its lowest level since the U.S. election last November that returned Donald Trump to the White House. The drop in the Toronto Stock Exchange comes after Canada’s federal government in Ottawa announced plans to impose retaliatory tariffs on $155 billion worth of U.S. imports as the country hunkers down for a trade war with America.
Specifically, the government of…
