Trump, Canada and tariff
Digest more
Falling interest rates and cooling inflation are indeed classic tailwinds for stocks. It makes sense why UBS, for example, told clients this week to position for stronger equity returns in the months ahead despite lingering trade uncertainty.
In a wide-ranging interview with NBC News, Trump talked about tariffs, sending Patriot missiles to NATO for Ukraine and how he'll sell his recently passed "big, beautiful bill."
US stocks fell on Friday after President Donald Trump threatened a 35% tariff on Canada — a sharp escalation in an ongoing trade war.
The stock market and bond market are forecasting different scenarios for the U.S. economy. The former projects optimism — higher equity prices, earnings growth, broad enthusiasm — but the latter sees weakening growth. Apollo chief economist Torsten Slok highlighted this disconnect in research published this week.
Canadian Prime Minister Mark Carney said his country would continue to work toward a new trade framework with the U.S.
U.S. stock-market futures declined as the Trump administration said a broad swath of tariffs against U.S. trade partners won’t take effect until Aug. 1, rather than July 9.
Copper pipes at a store in New York City. (Spencer Platt/Getty Images) The U.S. will impose 50% tariffs on global imports of copper effective on Aug. 1, President Trump posted online on Wednesday ...
The Indonesia Stock Exchange (IDX) has said that United States President Donald Trump’s 32-percent import tariff on Indonesian products is not expected