Trump Canada tariffs shift sparks Ontario reprieve
White House adviser Navarro said the plan to double tariffs to 50 percent was pulled back as Ontario suspended its electricity surcharge on U S imports. Ottawa and Ontario officials sought to avoid further market turmoil while still facing U.S. tariff policy.
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Trump buys a Tesla on White House driveway show of support
President Trump shops for a new Tesla Model S on the White House driveway, pledging to purchase the car to back Elon Musk. Musk, X, and SpaceX figure in the defense of Musk's work as Tesla faces sagging sales and regulatory scrutiny. Tesla stock rose after the purchase announcement.
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Wall Street Plummets as Trump Tariffs Roil Markets
U S stock market fell further as President Trump's tariff escalation sparked volatility. The S P 500 eased 0.8 percent and the Dow dropped 478 points while the Nasdaq slipped modestly amid erratic swings. Ontario's electricity surcharge briefly lifted sentiment before renewed losses. White House did not provide a clear pain threshold, and actors debated tariff timing and scope.
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