US stocks slump after new Trump tariff threat
NEW YORK - Wall Street stocks closed sharply lower March 13 on a fresh wave of tariff threats by US President Donald Trump, and despite producer inflation remaining flat. At the close of trading, the Dow Jones Industrial Average dropped 1.3 per cent to 40,813.57, while the broad-based S&P 500 Index fell 1.4 per cent to 5,521.52.
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