Tuesday’s escalation and retreat in the ongoing trade war between the United States and Canada only compounded the rising sense of uncertainty in terms of how President Donald Trump’s tariff hikes affect the economies of both countries.

The S&P 500 was down 2.1% in midday trading, coming off its worst week since September. The Dow Jones Industrial Average was down 405 points, or 0.9%, as of 11:20 a.m. Eastern time, and the Nasdaq composite was 3.6% lower.

John Schwarz, the 57-year-old founder of The People’s Union USA from Chicago, is calling on Americans to boycott Amazon and its companies, including Zappos, Ring, Whole Foods, Twitch and Prime Video, for one week.

President Donald Trump’s on-again, off-again tariffs threats have roiled financial markets, lowered consumer confidence, and enveloped many businesses in an uncertain atmosphere that could delay hiring and investment.

Deerfield-based Walgreens said Thursday that Sycamore will pay $11.45 per share, giving the deal an equity value just under $10 billion. Shareholders could eventually receive up to another $3 per share under certain conditions.

The pause comes after Trump spoke with leaders of the “big 3” automakers, Ford, General Motors and Stellantis, on Wednesday, according to White House press secretary Karoline Leavitt.

President Donald Trump launched a trade war Tuesday against America’s three biggest trading partners, drawing immediate retaliation from Mexico, Canada and China and sending financial markets into a tailspin as the U.S. faced the threat of rekindled inflation and paralyzing uncertainty for business.

Two of America’s largest retailers, Target and Best Buy, warned Tuesday that prices will increase following President Donald Trump’s tariffs on imported goods from Mexico, Canada and China.

Tariffs are in the news at the moment. Here’s what they are and what you need to know about them.

U.S. stocks slid Monday as investors braced for President Donald Trump’s proposed tariffs on Canada, Mexico and China to go into effect by the midnight deadline. The Nasdaq is down about 6.5% since since Trump took office on Jan. 20.

NEW YORK (AP) — A grassroots organization is encouraging U.S. residents not to spend any money Friday as an act of “economic resistance” to protest what the group’s founder sees as the malign influence of billionaires, big corporations and both major political parties on the lives of working Americans.

Costs of everyday essentials like groceries and gas are steadily climbing while wages remain largely stagnant, which is particularly true in the Chicago area where the inflation rate is higher than anywhere else in the country — an unwanted first-place position.

“By applying the sales tax only to goods and a small number of services, Illinois is missing the ability to tax much of the spending within its borders,” the nonpartisan Civic Federation said in its latest report.

President Donald Trump says he has ordered the U.S. Mint to stop making pennies, which he correctly says cost more than one cent to produce.

Undocumented immigrants account for 16% of America’s food supply chain, and the U.S. Department of Agriculture estimates that 42% of farm workers are lacking legal immigration status.

Fears are heightening over the potential of a new trade war and its possible impact across the country. President Donald Trump has agreed to a temporary pause on the 25% tariffs he is proposing on goods from Mexico and Canada — the country’s two largest trading partners.