Dow drops nearly 300 points after Trump teases 35% tariff on Canada, new threat to EU

Source: New York Post

WASHINGTON — Stocks plunged Friday after President Trump floated a 35% tariff on Canadian goods not governed by the USMCA trade pact — while threatening a new dictated levy on the European Union. The Dow Jones Industrial Average fell 279 points, or about . 63% — with narrower losses by the S&P 500, which had notched a record high Thursday, and the Nasdaq composite.