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Canadian Economy and Markets

A Fox News anchor confronted a guest about the plunge in the Dow Jones index after President Donald Trump announced 25 percent tariffs on Canada and Mexico will go into effect Tuesday.

On Monday’s edition of The Story, anchor Martha MacCallum quizzed her guest, Shark Tank star Kevin O’Leary, about the Dow plunging several hundred points immediately upon Trump’s announcement. (The market closed down 650 points for the day.)

“The market’s freaking out a little bit right now — a lot, I should say!” MacCallum said. “Down about 729 points right now. What’s your take on why that is, Kevin?”

Here’s how O’Leary responded:

“You know, you’ve got two forces at play here. We’re talking about [an] affordability czar because the price of eggs and housing and energy have are not showing any signs of declining at this point. And we’e even concerned until we see the Jobs act later this week or the jobs numbers, you know, what …

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