Trump threatens new tariffs of 35% on Canada
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Late Thursday, Trump posted a letter threatening to impose 35% tariffs on goods from Canada. The barrage of letters began on Monday, setting tariffs of 25% on goods from Japan and South Korea and 50% on Brazil.
Trump said this week that there would be no new extensions granted for the August 1 deadline. Market pros tell BI where they see winners and losers.
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Asia stock markets trade mixed on Friday, reacting to renewed worries about U.S. trade tariffs following President Donald Trump's announcement of significant duties against Canada. Meanwhile, China's markets outperformed the region,
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Investor's Business Daily on MSNStock Market Today: Dow Jones Is A Big Loser, Nasdaq Weakens; Circle Internet Makes This Bold Move (Live Coverage)The Dow Jones index dropped Friday on tariff news. Nvidia-backed CoreWeave sank, Levi was a big mover on the stock market today.