Trump wrote to Carney to inform him that, from August 1, Canada will face a 35 percent import tariff after the two sides failed to reach a deal during the recent pause. The American leader said he would consider revising the 35 percent tariff "if Canada works with me to stop the flow of Fentanyl".

US stocks’ record highs obscure the risks Donald Trump poses to the world’s biggest economy, according to big investors and senior bankers who have warned over growing “complacency” in the markets. Senior executives from Amundi to JPMorgan Chase said buoyant markets were pricing in too much confidence that the US president will back down from policies most likely to threaten the country’s financial stability.

Stocks were down today in reaction to President Trump's latest tariff threats. Trump announced a 35% tariff on Canadian imports starting August 1st. 'Prof G Markets' podcast co-host Ed Elson and former Rep.

President Donald Trump for the first time since returning to office will send weapons to Kyiv under a presidential power frequently used by his predecessor, two sources familiar with the decision said on Thursday,