Big news about the stock market! Stocks went down a lot because of trade problems between the US and Canada. President Trump raised taxes on Canadian goods, making things expensive. This worries businesses and people who invest.
- Stock prices dropped – the S&P 500 lost 10% in three weeks!
- President Trump increased taxes on Canadian steel and aluminum to 50%.
- More tax increases are possible if Canada doesn't change its own taxes.
| Stock Market Index | Change |
|---|---|
| S&P 500 | Down 10% (3 weeks) |
| Dow Jones | Down 1.7% (Tuesday) |
| Nasdaq 100 | Down 1.2% (Tuesday) |
