White House Narrows April 2 Tariffs
- Stocks rose over 1% as reports suggested that President Trump's tariffs starting April 2 might be narrower than expected.
- A White House official indicated that tariffs on autos and semiconductors are still under review and 'may or may not happen April 2'.
- Investor sentiment improved, with market analysts noting that investors were hopeful about a more targeted approach to tariffs, which could ease fears of economic impact.
- Chinese Premier Li Qiang warned of potential economic 'shocks that exceed expectations' due to U.S. Tariff policies, indicating increasing global uncertainty.
141 Articles
141 Articles
FIRST READING: Mark Carney’s wildly unworkable plan for an 'all-in-Canada' auto sector
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Mark Carney says Canada ‘won’t back down,’ promises billions in counter-tariffs following Trump’s auto tariffs
“There is no silver bullet, there is no quick fix,” said the prime minister, adding Trump reached out to book a call after the U.S. president announced 25 per cent auto tariffs will take effect next week.
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