π Trump blasts Canada over huge tariffs
Trade talks between the United States and Canada collapsed just before a midnight deadline for 50% tariffs. U.S. Customs and Border Protection warned businesses about the new rates starting Friday. Trump asserted that Canada had charged US farmers massive tariffs for many years and vowed this would stop. Investors are also watching for Fed Chair commentary on stubborn inflation this Friday in Jackson Hole, Wyoming. Iran simultaneously maintained harsh rhetoric against US sanctions plans.