President Donald Trump stated in a post to Truth Social: “Instead of working with the United States, Canada retaliated with its own tariffs. Starting August 1, we will charge Canada a tariff of 35% on Canadian products sent into the United States, separate from all Sectoral Tariffs”.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SPY:
- Stock Market News Review: SPY, QQQ Mixed on Trump-Nvidia CEO Meeting; Brazil Tariff Retaliation Threat
- Trump Meeting Nvidia’s Jensen Huang Before CEO’s China Trip
- July Rate Cut Gets Nod from Fed’s Waller
- U.S. Intensifies Rare-Earth Strategy to Challenge China
- Trump Blasts ‘Too Late’ Powell for Damaging U.S. Credit Rating