Economic TimesLean R·
Why US stocks are falling today: Dow Jones crashes 600 points on Trump threat to intensify US-Canada trade war amid oil price rise
Dow Jones dropped significantly as US President Donald Trump threatened Bombardier's market access. This escalation followed Canada's refusal to certify American Gulfstream jets, sparking counter tariffs. Brent crude futures rose above ninety-seven dollars a barrel after Houthi attacks on Saudi oil infrastructure. Higher energy prices are increasing inflation concerns ahead of the Fed's interest rate decision. European and Japanese central banks are expected to raise their interest rates soon.
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