Trump Just Restarted the Trade War With Canada. Should Stock Investors Be Worried?
Quick Read
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The Trump administration hit $20 billion of Canadian goods with 50% tariffs after last-minute trade negotiations unexpectedly collapsed.
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PM Carney pledged dollar-for-dollar retaliation starting Sept. 8, targeting U.S. steel, dairy, electronics, appliances, and agricultural equipment.
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The real danger isn’t the current $20 billion tariff but escalation across the roughly $2 trillion North American trade relationship.
Trump says Canada wants ‘benefit’ of U.S. state without being one as trade war escalates
U.S. President Donald Trump appeared to revive his “51st state” rhetoric early Sunday as he made his first comments on the collapse of trade talks between Canada and the United States.
“Canada wants the benefits of being a State, without being one!!!” Trump wrote in a post on his social platform Truth Social.
Trump admin predicts US trade war ‘devastating’ for Canada
The collapse of trade talks between the US and Canada has been followed by defiant talk from both governments (SAUL LOEB) The Trump administration on Sunday warned that Canada would be “foolish” to think it could win a trade war with the United States, predicting a “devastating” impact on its northern neighbor. Negotiations between Washington and Ottawa broke down late Friday,
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Read MoreInside Morgan Stanley’s XRP Shuffle: Three New ETFs and a Much Bigger SPAC Position
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Morgan Stanley’s latest 13F is circulating on crypto social channels as evidence of an institutional XRP conviction call. The disclosed positions read as opportunistic, undersized and neutral, sized as a rounding error against the bank’s overall book.
The Q2 2026 filing, submitted Aug. 13, and reporting positions as of June 30 showed an entirely different XRP ETF lineup than Q1 plus a larger reported holding in Armada Acquisition Corp.
Dow snaps three-session win streak as US stocks retreat ahead of Nvidia results
The Dow Jones Industrial Average shed roughly 122 points on Tuesday, a 0.23% decline that broke a three-day winning streak and set the tone for a cautious session across Wall Street ahead of Nvidia’s quarterly earnings report.
Nvidia, which now commands a market capitalization north of $5 trillion, has become something like the stock market’s mood ring.
» Read more about: Dow snaps three-session win streak as US stocks retreat ahead of Nvidia results »
Read MoreThe Burst
Is Etsy An All-Time Buy Now?
Why is Etsy stock so low? ETSY is down 36.7% year-to-date following disappointing sales reports that missed Street estimates.
The stock that nearly reached $300 per share in 2021 but is now trading under $50 per share. Adding insult to injury, Etsy (NASDAQ: ETSY) was recently dropped from the S&P 500 index.
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Read MoreThe Ivy
Breaking the $1 Billion Barrier, What’s Next for Security Leader?
CyberArk Software (NASDAQ: CYBR) just delivered a standout quarter, officially surpassing $1 billion in annual revenue for the first time in fiscal 2024. The identity security powerhouse—best known for its privileged access management solutions—is scaling at an impressive pace, fueled by surging demand, strategic acquisitions, and a seamless transition to a subscription-based model.
We take a deep dive into CyberArk’s latest earnings,
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Read MoreThe Spotlight
Spotlight: Dine On Steak After This Brazilian Breakout
Rates are going up everywhere, at least that’s what the financial press would have you believe. On July 26, Federal Reserve Chairman Jerome Powell oversaw a rate hike that placed interest rates at 22 year highs, pegging them at 5.25-5.50%.
The market had largely priced in the rate hike and so the S&P 500 fell just 0.17% on the day.
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