Exporters in China hurry to meet Trump’s upcoming tariff deadline
In June, China’s exports saw a resurgence as businesses aimed to capitalize on the fragile tariff ceasefire between Beijing and Washington, especially with strong shipments to Southeast Asia’s transport hubs. Firms on both sides of the Pacific are now uncertain about whether the world’s two largest economies can solidify a more stable deal. In the […]
Dow futures fall by almost 200 points after Trump imposes a 30% tariff on Mexico and the EU: Live updates
US Stock Futures Dip Amid Tariff Concerns On the evening of July 11, 2025, US stock futures declined as the market faced ongoing tariff risks and anticipated second-quarter earnings reports. S&P 500 futures fell by 0.4%, while Nasdaq 100 futures dropped 0.5%. The Dow Jones Industrial Average also slipped, declining by 183 points, or 0.4%. […]
How Trump’s 50% copper tariff might negatively impact US manufacturing
On Tuesday, President Trump declared plans to increase copper tariffs by as much as 50%. This announcement led to a sharp 17% surge in copper futures, marking the most significant single-day increase since 1988. Some investors see this as an opportunity to profit while others fear financial losses. Those benefiting from the tariffs are generally […]
Nvidia CEO downplays Trump tariff worries: ‘We’ll manage it’
Nvidia’s CEO, Jensen Huang, brushed off worries about President Trump’s tariff plans, stating that the California-based company would manage to adapt and highlighting the need for increased semiconductor production in the US. “Confusion and sudden change aren’t ideal, but I believe President Trump will find a way to navigate these deals, and countries will adapt,” […]
Americas FX news summary: Canadian jobs rise, EU tariff letter still pending
Market Overview Gold has risen by $33, now sitting at $3,355. The yield on US 10-year treasuries is expected to increase by 7.1 basis points, reaching 4.42%. Meanwhile, WTI crude oil has jumped from $2.14, trading at $68.71. However, the S&P 500 is down 0.3%, with the USD leading while the JPY has struggled. As […]
Dow falls almost 300 points after Trump hints at 35% tariff on Canada, fresh concern for the EU
Shares Drop Following Increased Canadian Tariffs On Friday, shares took a hit after President Trump announced a 35% tariff on Canadian goods not included in the USMCA trade agreement. The Dow Jones industrial average fell by 279 points, roughly 0.63%. This drop came after the S&P 500 and NASDAQ composite had seen record highs just […]
US Dollar strengthens amid tariff impacts and strong economic conditions
US Dollar Strengthens Amid Tariff Threats The US dollar saw an uptick on Friday due to President Trump’s new tariff announcements and rising expectations for reduced Fed interest rates. Trump has imposed a 35% tariff on Canadian goods, citing concerns about fentanyl and trade imbalances. The US Dollar Index (DXY) is currently below key resistance […]
Stock market update: Dow, S&P 500, Nasdaq decline after Trump warns of 35% tariff on Canada and increased blanket duties
US Stock Market Decline Following Tariff Announcement US markets experienced a downturn on Friday after President Trump issued a warning about imposing a 35% tariff on Canadian imports, which has raised concerns about broader implications for trade. The S&P 500 fell 0.4%, while the tech-heavy Nasdaq composite dropped by 0.2%, both indexes having reached record […]
Stocks Decline as President Trump Intensifies Tariff Threats
Market Update The S&P 500 Index has seen a decline of -0.57%, while the Dow Jones Industrial Average has dropped by -0.65%. The Nasdaq 100 Index is down -0.51% as well. In addition, September’s E-Mini S&P Futures fell by -0.67%, and September’s E-Mini Nasdaq futures dropped by -0.57%. The stock market is experiencing a downturn […]
S&P 500 falls from all-time high after Trump imposes 35% tariff on Canada
US Stocks Decline Amid Tariff Tensions On Friday, U.S. stocks experienced a downturn, with the S&P 500 retreating from its recent highs following President Trump’s announcement of a 35% tariff on Canadian imports and hints at increased tariffs for several other nations. The S&P 500 dropped by 0.4%, settling at 6,253.10 after briefly reaching a […]