New Prime Minister Mark Carney is set to run in Ottawa's Nepean district amidst a looming election and escalating trade tensions with Trump. Can he rally the nation behind him?
The S&P 500 has officially entered correction territory, falling more than 10% from its peak as Donald Trump’s escalating trade wars send shockwaves through the market. With tariffs on steel and aluminum now in effect, and threats of new tariffs on European goods, investors are on edge. The Nasdaq Composite is also feeling the pressure as Wall Street grapples with uncertainty and volatility.
In a turbulent financial landscape, Wall Street futures plummeted as deflationary pressures in China and U.S. economic concerns dominated headlines. The yen and Swiss franc gained strength, while Trump’s tariff policies spark recession fears.
Mark Carney has emerged as Canada's new Prime Minister, vowing to confront Donald Trump's trade war head-on. With a landslide victory, Carney plans to unite Canadians against US tariffs and stabilize the economy.
