Trump, Canada and tariffs
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Markets had dismissed tariff risks under the assumption that Trump would follow an earlier pattern and back off, in what became known as the so-called TACO trade. That allowed stocks to reach new record-high territory recently, marking a stunning rebound from the collapse triggered by his “Liberation Day” reciprocal tariffs in April.
Trump has repeatedly pressed Federal Reserve chair Jay Powell to lower interest rates in an attack on the central bank’s independence. Meanwhile, Congress has passed the president’s flagship budget bill, which is forecast by independent analysts to add trillions of dollars in public debt in coming years.
When Donald Trump reclaimed the presidency in 2024, investors braced for a return to “America First” economics, and his stock portfolio looked poised to ride the wave.
President Donald Trump announced a significant development in his trade war against the United States' trading partners. *Stock prices used were the afternoon prices of July 6, 2025. The video was published on July 8,
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.
Global stocks advanced on Thursday, underpinned by optimism around artificial intelligence and the prospect of upcoming interest rate cuts, while investors kept a cautious eye on U.S. President Donald Trump's tariff actions and their impact on global trade.
These days, Tesla investors would probably like to be thinking about EV sales, robo-taxis, or anything else besides politics.
Shares of US solar companies fell after President Donald Trump called for new rules that would limit access to tax incentives for renewable energy projects that had already been pared back by a $3.4 trillion budget bill.
3don MSN
Tax incentives contained in the sweeping tax and budget bill Trump signed on July 4 could provide a fresh boost to AI chipmakers.
Freeport McMoRan, Southern Copper, Newmont, Rio Tinto, and BHP were all rising Thursday after President Donald Trump said a new 50% tariff on copper will take effect on Aug.1.
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Investor's Business Daily on MSNDow Jones Futures Fall As Trump Sets 35% Canada Tariff, Eyes Higher Global Rate; CoreWeave DivesFutures fell as President Trump announced a 35% tariff vs. Canada after the S&P 500 and Nasdaq hit highs even as CoreWeave dived.