How To Avoid The Worst Sector ETFs For Q1 2025
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Read MoreAsian shares fall after Wall St retreats on fears over hit to the US economy from Trump’s tariffs
BANGKOK (AP) — Shares opened lower Tuesday in Asia after U.S. stocks fell sharply just ahead of a new round of higher tariffs imposed by U.S. President Donald Trump.
Tariffs of 25% on Canada and Mexico were due to take effect early Tuesday. An extra 10% tariff is being imposed on China.
Read MoreUS real GDP at risk of 1% hit 'over several quarters' due to retaliatory tariffs, says Citi economist
“The US GDP could fall 1% over next few quarters if the tariffs persist and trading partners levy retaliatory tariffs,” Sockin said, pointing at the potential hit on American economy due to the fresh round of tariffs coming into effect.
A top Citi economist is projecting a one percent hit on US real GDP if retaliatory tariffs follow and get enforced,
Read MoreShould Canada become 51st US State? Trump’s controversial statement fact-checked
Montreal: US President Donald Trump has defended his proposed tariffs on Canadian goods, arguing they are necessary to address issues related to migrants and drug trafficking at the northern border. He has also described cross-border trade as a US subsidy and suggested that Canada would not be “viable as a country” without economic ties to the United States.
This Canadian official warns Trump tariffs will ‘devastate’ US economy — threatens to hit back ‘twice as hard’
In response to President Donald Trump’s tariff plans targeting Canadian goods, Ontario Premier Doug Ford has a dire warning.
“If they want to try to annihilate Ontario, I will do everything, including cut off their energy — with a smile on my face,” Ford declared during a mining conference in Toronto on Monday.
Read MoreThe Burst
2 Top Cannabis Stocks To Buy in 2022
Investing in cannabis companies can seem risky. But cannabis companies span a range from pure-play direct-to-consumer sales to REITs that house growers and everything in between.
The industry offers enormous potential. In 2022, legal cannabis sales in the United States are estimated to hit $33 billion, up 32% from 2021 — and is projected to reach $52 billion by 2026.
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Read MoreThe Ivy
Market Commentary: 3 Stocks On The Verge Of Huge Breakouts
If you study technical analysis theory, two patterns rank among the most popular and successful: the head and shoulders pattern and the base and break. So to mix things up today, we scoured through hundreds of charts to find three stocks that could be on the verge of huge breakouts.
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