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President Trump vowed to increase tariffs on cars, trucks, auto parts and steel to 50 percent starting Jan. 1, as the countries edged toward a full-blown trade war.
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While certain U.S. sectors are facing headwinds from the new tariffs on Canadian goods, analysts have said the broad economic effects of the new 50% U.S. levies could be modest for the U.S. overall.
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Iran's rial currency hits new record low as US prepares to announce more sanctions AP NewsScott Bessent: an economic D-Day is coming for Iran Financial TimesBessent to speak as Trump administration expected to unveil new Iran sanctions CBS NewsUS-Iran war latest: Iran's currency drops to record low against dollar as US set to unveil ‘economic D-Day' CNN
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Trump says U.S. will hike Canada auto tariffs to 50% as trade war escalates CNBCOpinion | Mark Carney Did What Canadians Elected Him to Do The New York TimesTrump hits back at Carney, threatens to hike auto, truck, metals tariffs to 50% NBC NewsU.S. Trade Rep Greer blames Canada for failed tariff talks: 'They wanted more' CNBC
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Iran War Updates: U.S. to unveil new sanctions Trump said would hit Iran with an "economic D-Day" CBS NewsScott Bessent: an economic D-Day is coming for Iran Financial TimesU.S. to Unveil Broader Campaign to Cripple Iran's Economy The New York TimesIran's rial currency hits new record low as US prepares to announce more sanctions AP NewsBessent to unveil ‘economic D-Day' sanctions against Iran The Washington Post
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How the GOP is approaching data center backlash and why Trump is pivoting to North Korea: Morning Rundown NBC NewsTrump says rejecting data centers is "a mistake" AxiosTrump says 'OK' if Republicans oppose contentious data centers USA TodayTrump Defends AI Data Centers—Says Opposing Them Is A ‘Mistake' And ‘Smart Ones' Want Them Forbes
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