
Wall Street plunges nearly 10% below record as Trump’s tariff escalation sparks market turmoil
Wall Street, New York City (File photo-AP) US stock markets tumbled further on Tuesday after President Donald Trump intensified his trade war by announcing a sharp increase in tariffs on Canadian steel and aluminum, doubling the planned hike to 50%. The move sent Wall Street reeling, with the S&P 500 falling 1.1% in afternoon trading,…