Canadian Stocks Drop on Trump’s Tariff Threats

  • 📰 BNNBloomberg
  • ⏱ Reading Time:
  • 26 sec. here
  • 21 min. at publisher
  • 📊 Quality Score:
  • News: 80%
  • Publisher: 50%

Business समाचार

Canada,Top Canada,Consumer Goods

Industrial stocks led declines in Toronto on Tuesday after US President-elect Donald Trump threatened 25% tariffs on goods produced in Canada and Mexico on Monday night.

CIO of Main Street Research James Demmert, says investors should move with caution in the auto sector following Trump tariff threat.

“Tariffs dump sand in the gears of the global economy, and markets hate them,” Colin Cieszynski, chief market strategist at SIA Wealth Management in Toronto, said Tuesday, noting that domestic manufacturing stocks are likely to be hit hardest. The Canadian dollar briefly fell to 70.53 US cents on Monday night before recovering somewhat. The Bank of Canada should take the threat of tariffs from the US seriously, according to Sadiq Adatia, chief investment officer at BMO Global Asset Management.

हमने इस समाचार को संक्षेप में प्रस्तुत किया है ताकि आप इसे तुरंत पढ़ सकें। यदि आप समाचार में रुचि रखते हैं, तो आप पूरा पाठ यहां पढ़ सकते हैं। और पढो:

 /  🏆 83. in İN
 

आपकी टिप्पणी के लिए धन्यवाद। आपकी टिप्पणी समीक्षा के बाद प्रकाशित की जाएगी।

इंडिया ताज़ा खबर, इंडिया मुख्य बातें

Similar News:आप इससे मिलती-जुलती खबरें भी पढ़ सकते हैं जिन्हें हमने अन्य समाचार स्रोतों से एकत्र किया है।

Stocks drop with Meta, Microsoft; dollar eases after U.S. dataThe Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
स्रोत: KitcoNewsNOW - 🏆 13. / 78 और पढो »

Six Canadian utility stocks with consistent dividends set to benefit from falling ratesCanadian utility companies that stand to gain from a low-interest rate environment
स्रोत: globeandmail - 🏆 5. / 92 और पढो »

Top picks in Canadian bank stocks from a BofA Securities analystDaily roundup of research and analysis from The Globe and Mail’s market strategist Scott Barlow
स्रोत: globebusiness - 🏆 31. / 66 और पढो »

Dow up more than 3% after Trump win as U.S. stocks surge, Canadian markets also riseTORONTO — U.S. stocks surged after Republican candidate Donald Trump won the election, with the Dow Jones industrial average gaining more than 1,300 points by late morning, while Canadian markets were more muted but also rose.
स्रोत: SooToday - 🏆 8. / 85 और पढो »

Dow up more than 3% after Trump win as U.S. stocks surge, Canadian markets also riseTORONTO — U.S. stocks surged after Republican candidate Donald Trump won the election, with the Dow Jones industrial average gaining more than 1,300 points by late morning, while Canadian markets were more muted but also rose.
स्रोत: BurnabyNOW_News - 🏆 14. / 77 और पढो »