**Breaking News: Trump Backs Down on Tariffs as Canada Strikes Back!**

In a stunning turn of events, President Donald Trump has retreated from his aggressive tariff stance amid a fierce backlash from Canada and a plunging stock market. The Dow Jones Industrial Average nosedived nearly 700 points today, marking a staggering two-day loss of 1,200 points—putting the market lower than when Trump took office.

As Trump prepares to address Congress, the fallout from his trade war is palpable. Angered Republicans from agricultural states are voicing their frustrations after Trump’s flippant remark about enjoying the tariffs. Meanwhile, Canada retaliated decisively, imposing a 15% tariff on American farm products and banning U.S. goods in several provinces, including a $100 million contract cancellation with Elon Musk’s Starlink.

Prime Minister Justin Trudeau has escalated his rhetoric, emphasizing that Canada will not be bullied into submission. He directly challenged Trump, stating that cooperation is essential for prosperity in North America and that the tariffs are detrimental to both nations. “It’s a very dumb thing to do,” Trudeau remarked, underscoring the personal stakes involved.

Retail giants like Target and Best Buy are now warning consumers of impending price hikes, while the automotive industry braces for the impact of Trump’s erratic trade policies. Dealers express grave concern over skyrocketing car prices, with some vehicles potentially exceeding $120,000 due to tariffs.

The White House is scrambling to manage the chaos, with calls pouring in from anxious lawmakers. The unfolding crisis raises critical questions about the future of U.S.-Canada relations and the stability of the American economy. As tensions escalate, the world watches closely—will Trump regain control, or will this trade war continue to spiral? Stay tuned for updates on this developing story.