Trump, Canada and Stocks
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President Trump warns Canadian Prime Minister Mark Carney of a new 35% tariff on Canadian imports if the country doesn't address fentanyl trafficking and existing trade disputes.
The S&P 500 and Nasdaq composite closed at record highs on Thursday, and ended the week just below those levels.
President Donald Trump said his 50% tariff on copper imports will take effect on Aug. 1, noting he made the decision after a national security assessment.
Global markets are telling conflicting stories about the possible longer-term impact of U.S. tariffs on growth, a schism that investors say means either stocks or bonds could see a steep correction once it's clear which is right.
Uncertainty is usually the enemy of investment. This year not so much. Twin uncertainties about tariffs and whether President Trump will honor U.S. security guarantees have prompted governments and companies to pour money into defending themselves,
Trump administration faces pressure to clinch more trade deals, with a temporary tariff freeze on dozens of countries set to expire.
U.S. President Donald Trump said he plans to impose 50% tariffs on all products from Brazil starting August 1, which could have a sharp impact on South America's agricultural powerhouse.
Worried about rising prices and shortages? These 7 kitchen staples could be harder to find soon—stock up now before tariffs drive costs even higher.
Although the focus is frequently on their effects on public stocks and commodities, the private credit market is just as susceptible, albeit in more subtle ways. Tariffs change how capital is allocated, organized and priced throughout the private lending market, from raising operating costs to changing credit risk evaluations.
Economists have long disliked tariffs and can point to research showing they harm the countries that impose them, including the workers and consumers in those economies.
US banks are poised to show gains from a tumultuous period that followed President Donald Trump’s tariff announcements, with executives expected to go further and suggest how such hauls might grow even more thanks to deregulation.