The Dow, S&P 500 and Nasdaq retreat from record highs as President Trump rolled out a fresh tariff against Canada, following Brazil hit. Meanwhile, the Federal Reserve and Chairman Powell are under fire for spending on renovations.

Worries about U.S. tariffs may well have triggered the moves. Cryptos tend to move in tandem with tech stocks, and the Nasdaq 100 index closed 0.8% lower Monday after President Donald Trump posted several letters to world leaders threatening 25% to 40% levies from Aug. 1 if they don’t make a deal in the meantime.