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us-markets-plunge-amid-escalating-trade-war
1 month ago

US Markets Plunge Amid Escalating Trade War

Volatility rattled American assets on Monday as stocks extended their three-week decline to nearly 10%, driven by escalating trade tensions with Canada. The Canadian dollar weakened after President Donald Trump threatened additional
U.S. Recession Risk Rises Amid Tariff Uncertainty
1 month ago

U.S. Recession Risk Rises Amid Tariff Uncertainty

The likelihood of a U.S. recession in 2025 has increased to approximately 40%, with potential long-term consequences for the country’s investment standing, according to J.P. Morgan’s chief economist Bruce Kasman. Speaking in
trump-doubles-canada-tariffs,-markets-react

Trump Doubles Canada Tariffs, Markets React

U.S. President Donald Trump announced on Tuesday that he will double tariffs on imported steel and aluminum from Canada to 50%, escalating an already tense trade standoff. The move, effective Wednesday, also
1 month ago