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Canadian energy sources will have a 10 percent tariff, the White House announced. The tariffs… Trump hit Canada and Mexico with a 25 percent import tax and China with a 10 percent one on Saturday.
The onset of tariffs raised the risk of an S&P 500 pullback of at least 5% early in the year, Lori Calvasina, head of U.S. equity strategy at RBC Capital Markets, said in a note on Sunday.
The jerky market action in relation to whether or not Trump will fully follow through on his tariff plans reflects what RBC Capital Markets head of US equity strategy Lori Calvasina described as ...
Markets rose after Trump's day-one trade policy was softer than feared, with the President holding off on issuing new tariffs via executive order. Stocks rise as traders closely watch Trump's ...
The tariffs on Canada were also paused a short time later. Mr. Trump has also floated the possibility of additional tariffs, such as an across-the-board duty of 10% on all goods imported into the U.S.
The tariffs, which President Donald Trump imposed over the weekend and are set to officially begin Tuesday, would levy a 25% charge on imports from Canada, while China would be hit with a 10% tariff.
Morgan Stanley advises shifting to services stocks amid tariff concerns. Services sectors Wilson highlighted include software, financials, consumer services, and media. Trump announced 25% tariffs ...
Trump signed orders on Saturday evening, imposing 25% tariffs on imports from Mexico and Canada (though Canadian energy faces a lower tariff of 10%) and 10% tariffs on goods from China.