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New sanctions against Iran could stoke tensions between the U.S. and China, while risk appetite for Bitcoin returns.
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Mark Carney accused Trump of wanting to "destroy" Canada's auto industry, and said he would only resume trade talks if the US comes with the "right attitude".
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Analysts say Tehran could intensify the dispute militarily after the United States announced new efforts to squeeze Iran's economy. One Iranian official vowed that "not a single drop of oil" would leave the gulf.
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The 50 percent tariffs President Trump imposed on Canadian exports to the United States will make it impossible for many Canadian companies to continue to sell to the U.S. market, economists say.
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Monday's announcement was directed at countries whose trade and business relations still benefit the Islamic Republic.
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U.S. tariffs on all cars and trucks, automotive parts and steel will be increased to 50% starting January 1, 2027, Trump said in a social post on Monday.
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In recent weeks, the police have closed dozens of cafes, often citing laws that stipulate women must veil in public. Experts say the closures are part of an effort to control public space.
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In a smiling yet tense interview, Dr. Abdul El-Sayed, the Democratic nominee for Senate in Michigan, argued that his Republican critics were using culture-war issues to distract from Americans' economic concerns.
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President Trump has threatened economic penalties on countries that do business with Iran as he seeks to add pressure on Tehran to negotiate an end to the war.
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The Treasury Department said it could begin to buy back more of its debt, and bond market investors are assessing the potential effects on borrowing costs.
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