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Canada announces retaliatory tariffs on U.S. products as trade war deepens The Washington PostLutnick's last-minute demands derailed Canada trade talks: Reports The HillCanada announces retaliatory tariffs on US products: 'It's all about fairness' WJLAAs U.S.-Canada tensions escalate, Republicans could face political consequences The Washington Post
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The US cannot fully isolate Tehran unless other trade partners co-operate
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China denounces US threat of sanctions over trade with Iran The GuardianChina Pushes Back After Trump Tightens the Screws on Iran The New York TimesBessent announces campaign to create "economic onslaught" against Iran and its partners CBS NewsCan Trump's economic war against Iran do what airstrikes and negotiations couldn't? NPRIran vows to resist widened US sanctions, says Washington seeks talks Reuters
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Prime Minister Mark Carney matched the new tariffs imposed by President Donald Trump and announced new support programs for Canadian businesses hurt by the escalating trade war with the country's largest trading partner.
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SEC reportedly subpoenas Wall Street banks over AI hedge fund Situational Awareness's near collapse CNBCS.E.C. Investigating Near-Implosion of A.I. Hedge Fund The New York TimesUS SEC subpoenas Wall Street lenders over Situational Awareness meltdown, source says ReutersWatch SEC Looks Into Trading at Situational Awareness Bloomberg.com
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Mental "scars" reinforce fears of stagflation, when rising prices coincide with declining growth, research finds.
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