Dow drops 200 points after US slaps tariffs on EU and Mexico

This is a sensationalist article:

Mexican stocks also fell, with the iShares MSCI Mexico exchange-traded fund (EWW) sliding 1.3 percent. The iShares MSCI Canada ETF (EWC) pulled back 0.6 percent.

But we're only going to point out the US market because people only read headlines.

The S&P 500 declined 0.4 percent as consumer staples lagged. The Nasdaq composite slipped 0.1 percent.

So... the US markets dropped less than the the Mexican market.

The move lower in stocks Thursday followed a sharp move higher in the previous session. On Wednesday, concerns surrounding Italy's political crisis showed signs of abating. The Dow gained more than 300 points while the small-caps Russell 2000 index notched a record high.

Oh, so it's only a correction from the news of Italy the previous day.

Anything to make Trump look as evil as possible.

This is fantastic news for the middle-class and poor in North America. The Dow drop is a temporary thing that was caused by a multitude of factors, not just the tariffs.
I have no pity for the wealthy elite that will be hurt.

This provides great opportunities for Canada to rebuild some industry. It probably won't happen, but at least we're getting a second chance.
An economically insulated nation is a stable and prosperous nation.