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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’s Economy at Risk Due to Global Trade Disputes.

 

According to a trade expert, Canada is expected to face a challenging year due to global trade disputes. Mark Warner, principal counsel at MAAW Law, believes that Canada will be caught up in disputes between the United States, its biggest trade partner, and China and “sideswiped” as the U.S. ramps up enforcement of export controls.

The ongoing trade disputes could have a significant impact on Canada’s economy. The country’s relationship with China is already “a mixed-bag,” and the U.S. is expected to increase enforcement of export controls, which could further complicate matters.


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