Industrials Down as U.S., Canada Head for Trade War — Industrials Roundup
MorningStar·
- Industrial and transportation shares declined amid escalating trade tensions between the United States and Canada.
- Canada announced plans to impose tariffs ranging between 15% and 50% on approximately $20 billion of U.S. goods, effective September 8.
- Hyundai reached a tentative wage agreement with its labor union to resolve production-disrupting walkouts.