Canada Fires Back At Trump: Up to 50% Tariffs on $20 Billion of US Goods
Canada hit back at Trump with tariffs of up to 50% on $20B of U.S. goods, escalating the trade war ahead of Sept. 8.
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Canada hit back at Trump with tariffs of up to 50% on $20B of U.S. goods, escalating the trade war ahead of Sept. 8.
Traders on Polymarket are betting that the Federal Reserve will hike interest rates before the year ends as the US inflation report looms
The U.S. added 162,000 jobs in August, more than triple economist estimates of 53,000, with broad-based gains across restaurants, government, education, and manufacturing. However, the strong jobs report increased the probability of a Federal Reserve rate hike in September from 50% to 62.4%, which spooked investors concerned about higher borrowing costs and recession risks. While the healthy labor market is structurally positive long-term, near-term market sentiment remains negative due to rate hike concerns.