TORONTO — Canadian and U.S. stock markets on Friday were deep in the red for a second day on the continued fallout from U.S. President Donald Trump’s tariff plans.
The S&P/TSX composite index was down around four per cent after also losing four per cent Thursday, while U.S. indexes were down over three per cent after also seeing big drops a day earlier.
“The market doesn’t see trade wars as being good for anybody,” said Colin Cieszynski, chief market strategist at SIA Wealth Management Inc.
Trump’s rollout of steep global tariffs after the close of markets Wednesday has sent shock waves and fears over how much they will
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