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Market Jitters Return as Cooler CPI Surprises Wall Street

A softer‑than‑expected U.S. Consumer Price Index reading sent a ripple through financial markets today, creating an unusual dynamic: good news on inflation, but renewed pressure on major stock indexes. A Cooling CPI, but a Nervous Market The latest CPI report showed inflation easing more than economists anticipated. Under normal circumstances, that would be a welcome sign—suggesting the Federal Reserve may have more room to consider rate cuts later in the year. But markets don’t always behave logically in the moment. Today, the S&P 500, Dow Jones Industrial Average, and Nasdaq all slipped as investors reassessed what the data means for corporate earnings, interest‑rate expectations, and the broader economic outlook. Why Stocks Reacted This Way Several factors contributed to the pullback: Profit‑taking after recent market highs Concerns that cooling inflation reflects slowing demand Uncertainty about the Fed’s next move , even with softer price pressures Sector rotation ...

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Canada Vows Robust Retaliation Against ‘Unjustified’ U.S. Metal Tariffs

 

Canadian Prime Minister Justin Trudeau has warned that if the United States moves forward with its proposed steel and aluminum tariffs—deemed “entirely unjustified”—Ottawa will respond decisively. Speaking at the sidelines of the Paris Artificial Intelligence summit, Trudeau stressed that Canadians will “stand up strongly and firmly if we need to,” underscoring his government's commitment to defending the long‐standing trade relationship between the two countries. 

Trudeau argued that imposing such tariffs would not only damage Canadian industries but also raise costs for American consumers by disrupting vital supply chains, from automotive manufacturing to energy imports. He emphasized that any tariff imposed by Washington would trigger immediate reciprocal measures from Canada to protect its economic interests and ensure that the free trade agreement remains intact. 

The Prime Minister’s remarks come amid growing concerns that these U.S. trade measures could escalate tensions and lead to a broader economic conflict—one that would hurt businesses and households on both sides of the border. Trudeau’s firm stance signals that Canada is prepared to use all available tools, including retaliatory tariffs and other countermeasures, to safeguard its economy against what he calls an “unacceptable” attack on free trade.

Trudeau’s message is clear: while Canada values its historical partnership with the United States, it will not hesitate to defend its industries and consumers from policies that threaten mutual prosperity.

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