Markets mixed after China announces 84% tariffs on the U.S. Live updates here.
North American markets are mixed this morning as traders operate under the shadow of newly announced retaliatory tariffs from China against the U.S.
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Energy & Commodities
Energy demand erodes in face of global economic slowdown as trade war intensifies
Oil prices slumped to a four-year low Wednesday in anticipation of slowing economic growth and reduced energy demand, both casualties of a trade war that began after U.S. President Donald Trump ordered widespread tariffs against the imports of U.S. trading partners.
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Trade War
S&P/TSX composite down in volatile trading
Canada’s main stock index fell in late-morning trading, weighed down by losses in the utility and financial sectors, while U.S. stock markets climbed higher even as China raised its tariffs on U.S. goods in response to the latest moves by U.S. President Donald Trump.
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