Reported 1 day ago
Toronto equities face unique risks from President Trump's proposed tariff increase to 25%, particularly for companies heavily reliant on U.S. revenue. Many key players in the S&P/TSX Composite index, such as Boyd Group Services and Gildan Activewear, could be significantly affected, raising concerns among investors. While U.S. investors appear less exposed, Canadian investors may experience substantial portfolio losses if tariffs are enforced. Experts suggest a cautious approach to stock selection in light of these developments.
Source: YAHOO