Markets today: Wall Street’s sell-off worsens after Trump ups the ante in his trade war

News Snapshot:

An American flag is displayed on the outside of the New York Stock Exchange in New York, Wednesday, Feb. 26, 2025. (AP Photo/Seth Wenig) NEW YORK — The U.S. stock market is sinking further Tuesday after U.S. President Donald Trump raised the stakes in his trade war, pulling Wall Street more than nine per cent below its record set just a month ago. The S&P 500 was down 0.9% in morning trading after Trump said he would raise tariffs on steel and aluminum coming from Canada, doubling their planned increase to 50%. The president said it was in direct response...