Trump tariff threats against Canada trigger economic volatility and policy uncertainty
President-elect Trump has renewed threats to impose tariffs on Canadian imports, creating significant uncertainty for cross-border supply chains and domestic economic planning. The potential impact remains speculative as specific tariff rates and implementation timelines have not been formalized, but the rhetoric has already begun to pressure Canadian business sentiment.
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Russia — 11 developments
US-Iran Conflict: Escalation in Red Sea and Direct Strikes, Oil Prices Rise
The US and Iran are engaged in direct kinetic exchanges, with the US conducting sustained strikes against Iranian targets and Iran retaliating with missile attacks on US forces. Maritime hostilities persist in the Red Sea despite diplomatic efforts, indicating a disconnect between rhetoric and operational posture. Brent crude prices have surpassed $95, reflecting increased geopolitical risk premiums.