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President Donald Trump on Tuesday said he's boosting Canadian steel and aluminum tariffs to 50%, with the new duties set to go into effect on Wednesday. In a post on Truth Social, the president said the increase is in response to Ontario Premier Doug Ford's decision to impose a 25% surcharge on electricity exports to the United States. "Based on Ontario, Canada, placing a 25% Tariff on 'Electricity' coming into the United States, I have instructed my Secretary of Commerce to add an ADDITIONAL 25% Tariff, to 50%, on all...

The U.S. dollar suffered losses against the Japanese yen and Swiss franc on Monday as market participants grappled with ongoing trade tensions instigated by tariffs. Concerns over a potential slow-down in the U.S. economy further exacerbated the currency's decline.In Europe, the euro retraced gains from the previous week, though maintaining a position near a four-month high. Anticipation is building around potential boosts in government expenditure, as EU finance ministers convene to discuss defense funding options in light of U.S. foreign aid uncertainties.Meanwhile, investors reduced their net long dollar positions,...

It is common to hear commentators and pundits claim that American diplomacy has always been transactional. One might reasonably ask, what else could it be, given that negotiation is a key element of diplomacy? The answer, of course, is that some negotiations are far easier when the relations between nations are built on trust and mutual understanding. Indian diplomacy, for a long time, has focused on building common ground and goodwill, with the hope that once these ties are strengthened, the more difficult issues will become easier to address.The differences...

It is common to hear commentators and pundits claim that American diplomacy has always been transactional. One might reasonably ask, what else could it be, given that negotiation is a key element of diplomacy? The answer, of course, is that some negotiations are far easier when the relations between nations are built on trust and mutual understanding. Indian diplomacy, for a long time, has focused on building common ground and goodwill, with the hope that once these ties are strengthened, the more difficult issues will become easier to address.The differences...

* Philippine stocks hit highest since January 24 * China consumer prices miss expectations * Thailand targets 3% annual growth in 2025 By Sneha Kumar March 10 (Reuters) - Most Asian currencies slipped on Monday, with the Indian rupee and South Korean won leading losses as concerns about potential U.S. tariffs and a slowing U.S. economy weighed on risk sentiment. Regional currencies were unable to leverage the softer U.S. dollar with Singapore dollar, Malaysian ringgit, Thai baht and Indonesian rupiah trading between 0.1% and 0.2% down. "The ongoing U.S. trade...

Trevor Jennewine  |  The Motley FoolHistorically, February in a post-election year has been the worst month for the U.S. stock market, according to Carson Group. Indeed, the S&P 500 (SNPINDEX: ^GSPC) declined 1.4% last month as disappointing economic data and concerns about potential tariffs weighed on the stock market.Is the February dip a buying opportunity? Or is the stock market too risky right now? Here's what investors should know.The S&P 500 has historically moved higher in March through AugustThe S&P 500 in the last decade has typically generated a positive...

Trevor Jennewine  |  The Motley FoolHow to create a will, set legacy contacts on your deviceThese four tips can help you and your loved ones sort through the digital assets after someone dies.Problem SolvedHistorically, the February after an election year has been the worst month for the U.S. stock market, according to Carson Group. Indeed, the S&P 500 (SNPINDEX: ^GSPC) declined 1.4% last month as disappointing economic data and concerns about potential tariffs weighed on the stock market.Is the February dip a buying opportunity? Or is the stock market too...

Katie Brockman  |  The Motley FoolThe Trump administration implemented 25% tariffs against Canada and Mexico on March 4, as well as an additional 10% tariff on goods from China — bringing the total tariff on Chinese-made goods to 20%. The countries swifly issued retaliatory tariffs on U.S. imports, escalating tension between the countries and rattling the stock market.Major indexes dropped sharply after the tariffs took effect, with the S&P 500 (SNPINDEX: ^GSPC) falling by 2.96% since Monday, as of this writing. The Nasdaq (NASDAQINDEX: ^IXIC) dipped by around 2.98% in...

Alden Bentley, Harry Robertson and Ankur Banerjee  |  ReutersTrump doubles tariffs on China; China retaliates with tariffs on US goodsUnited States President Donald Trump doubled the tariff on Chinese imports, bringing that rate to 20%. China retaliated by announcing 15% tariffs on various imports from the US.Fox - SeattleThe dollar fell to a three-month low on Tuesday as concerns about slowing growth and the impact from tariffs on the U.S. economy outweighed any potential boost from new levies on Canada, China and Mexico.President Donald Trump's 25% tariffs on goods from Canada and Mexico took effect Tuesday, along with a doubling of duties on Chinese goods to 20%.In response, China said it will...

WEST PALM BEACH, FLORIDA - NOVEMBER 06: Republican presidential nominee, former U.S. President ... Donald Trump arrives to speak during an election night event at the Palm Beach Convention Center on November 06, 2024 in West Palm Beach, Florida. Americans cast their ballots today in the presidential race between Republican nominee former President Donald Trump and Vice President Kamala Harris, as well as multiple state elections that will determine the balance of power in Congress. (Photo by Chip Somodevilla/Getty Images)Getty Images Background: A Historical Shift In U.S. Trade Policy U.S....