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Wall Street Sinks as Tariff Jitters and AI Volatility Rattle Investors

U.S. stocks tumbled in a broad sell‑off today, with the Dow Jones Industrial Average plunging roughly 800 points as renewed tariff concerns and a wave of AI‑related volatility shook market confidence. The S&P 500 and Nasdaq also slid sharply, extending a week of choppy trading driven by political uncertainty and rapid shifts in tech sentiment. Investors reacted to escalating fears that new tariff measures proposed by President Trump could disrupt global supply chains and pressure corporate earnings. Tech stocks—already sensitive to policy shifts—were hit particularly hard as traders unwound positions tied to what analysts have dubbed the “AI scare trade,” a fast‑moving rotation away from high‑growth names. Market strategists noted that the combination of geopolitical tension, policy ambiguity, and stretched valuations created a perfect storm for a sharp pullback. Still, some analysts argue that the downturn reflects a recalibration rather than a fundamental shift, pointing out t...

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Canada Stands Ready to Strike Back at U.S. Tariffs

In a determined response to newly imposed U.S. tariffs on steel and aluminum, Canadian Prime Minister Justin Trudeau warned that Canada will respond strongly if necessary. Speaking at an international summit in Paris, Trudeau described the tariffs as "unacceptable" and stressed that they threaten Canadian jobs and industries. “Canadians will stand up strongly and firmly if we need to,” he declared, signaling a readiness to use all available measures to protect the nation’s economic interests.

The tariffs—introduced by the U.S. administration as part of an aggressive trade policy—target key Canadian exports and have already stirred concern among Canadian businesses and political leaders. Trudeau’s remarks underscored the potential impact of the tariffs on Canada’s vital trade relationship with its closest neighbor. While U.S. officials defend the measures as necessary to protect American industries and address national security issues, Trudeau’s stance reflects a broader commitment to defending Canadian sovereignty and ensuring fair trade practices.

In addition to his strong verbal response, Trudeau hinted that Canada could impose retaliatory measures against U.S. products. Such actions may include targeted tariffs on a range of American goods, potentially affecting sectors from consumer products to industrial components. The prime minister’s approach is designed not only to protect Canadian workers but also to send a clear message internationally that Canada will not be bullied into accepting policies that could disrupt its economy.

As negotiations and discussions continue between the two nations, both sides appear to be bracing for further escalation. For now, Trudeau’s declaration reinforces Canada’s determination to safeguard its industries and uphold the integrity of one of the world’s most significant trading relationships.

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