When It Comes to the Economy, Does Trump Have Musk’s Pain Tolerance?
Wall Street’s slide puts pressure on Musk and Trump, for different reasons.
It Is Happening Every Day, Every Where
Wall Street’s slide puts pressure on Musk and Trump, for different reasons.
Mark Carney will most likely be in power just a few weeks before a federal election is held. To win, he will try to convince Canadians he can take on, but also negotiate with, Trump.
The airline lowered its financial forecast for the first quarter as economic anxiety hurts demand for tickets.
Premier Doug Ford warned that he was prepared to cut off power exports to the three states entirely as long as President Trump’s tariff threats remain.
Concern about the cost of materials has tempered business enthusiasm about taxing imports. But steel and aluminum makers say they welcome the help.
Beijing, which set steep duties on canola, peas and pork, wants Canada and Mexico to resist U.S. pressure to raise tariffs on Chinese goods.
Goods trading under the rules of the North American trade pact, or the vast majority of products, would be exempt from tariffs, the president said. The levies have caused stock markets to sink.
President Trump’s stiff tariffs on Mexico and Canada could push those allies into recession. The impact for America could be messy.
The S&P 500 jumped about 1.2 percent on Wednesday, after two days of declines. Shares of automakers rallied.
Trump’s commerce secretary suggested a compromise might be reached to reduce the 25 percent tariff, following a day of turmoil in the stock markets.