You Can Take a Stake in Elon's xAI Before May 1st...

Elon Musk's private AI firm xAI may have just leapfrogged ChatGPT and Google's Gemini--building what experts call the future of AI. For the first time, you can take a stake starting at $500.

Canada Claps Back At 'Unjustified' Trump Tariffs On Dairy, Lumber

Anthony Noto
March 07, 2025

President Donald Trump threatened to impose reciprocal tariffs on Canadian lumber and dairy products as early as Friday, reigniting trade tensions with a key U.S. partner and ally.

What Happened: Trump accused Canada of “ripping us off for years” with a 250% tariff on U.S. dairy, which he said hurts American farmers.

He warned that Canada would face matching tariffs unless it reduced its own, Bloomberg reports.

This announcement comes just days after Trump imposed 25% tariffs on Mexico and Canada only to delay some tariffs until April 2.

Canada's Trade Minister Mary Ng called the potential dairy tariffs “completely unjustified” and emphasized efforts to remove existing tariffs.

The U.S. and Canada have longstanding disputes over dairy and lumber. American lumber producers claim that Canada's system effectively subsidizes its industry, a charge Canada denies. Before the new tariffs, U.S. duties on Canadian lumber ranged from 11.5% to 17.3%.

Canada’s dairy system employs quotas and high tariffs to protect domestic production.

See Also: Powell Stresses Patience As Fed Navigates Market Uncertainty, Trade Turmoil

Why It Matters: Uncertainty about Trump’s broader trade strategy remains.

These actions stoked fears about the impact on the U.S. economy, which is grappling with sluggish factory activity, inflation, and declining consumer confidence.

Trump argues that his tariff approach is boosting U.S. manufacturing jobs, but critics insist trade levies will do the opposite.

Nobel laureate Paul Krugman says the tariffs could rewind economic progress back 90 years.

"What the tariffs would do is shrink our economy. They would cause us to sell less of the goods we currently export -- that is, stuff we’re relatively good at producing -- and more stuff we aren’t that good at producing,” he warned in October. “The effect would be to make the economy less efficient and poorer.”

Trump’s announcement coincided with a mixed February jobs report.

Now Read:

Image: Shutterstock

Continue Reading...

Popular

Trump to offer automakers some relief on his 25% tariffs, after worries they could hurt US factories

WASHINGTON (AP) — President will sign an executive order Tuesday to relax some of his 25% tariffs on autos and auto parts, the White House said, a significant reversal as the import taxes threatened to hurt domestic manufacturers.

Boeing Stock Jumps On Bernstein Upgrade: Is The Company Back On Track?

Boeing stock is trading higher on Monday after Bernstein upgraded the stock from a Market Perform rating to a Outperform rating and raised its price target from $181 to $218.

Defi Coin Triggers All "Buy" Signals and Could Break Out Soon - Ad

Some are calling this the most promising DeFi project since Ethereum itself. Here's the #1 DeFi Coin Set to Soar. While Bitcoin grabs headlines, this lesser known DeFi coin is quietly gearing up for a monster rally. Experts say now is the time to buy before it reaches escape velocity.

Dallas Fed Flags Deepening Factory Gloom: Is Texas Warning Of Something Bigger?

SEO-Optimized Meta Description (Under 156 Characters): Texas manufacturing conditions worsened in April as business sentiment plunged, tariff fears grew, and price pressures surged, Dallas Fed survey shows.

What Caused Sam Altman-Founded World Network Token To Soar 57% in a Week?

World Network (WLD) outperformed some of the market’s most valued cryptocurrencies after soaring more than 50% over the week.  What happened: WLD, the native currency of the decentralized identity verification project, jumped 57.48% in the last seven days, becoming the sixth-largest market gain in the period. 

The Most Important "AI Stock" You've Never Heard Of - Ad

The AI revolution is moving faster than anyone expected. But what no one is talking about is the one company AI simply can't exist without. It may be the single most important AI investment, yet most people don't even know its name. For now. The moment Wall Street catches on, this $20 stock could explode.

Experts Say New Tariffs Could Spark Higher Prices and Shortages Within Weeks

Experts are predicting that President Trump's trade policy could lead to significant supply chain disruptions, resulting in increased product prices and potential shortages in the coming weeks.

How bugs and beet juice could play roles in the race to replace artificial dyes in food

ST. LOUIS (AP) — As pressure grows to get out of the U.S. food supply, the shift may well start at Abby Tampow’s laboratory desk.

Putting Your Name on This List Could Hand You $1,270 on Friday - Ad

URGENT: On Tuesday, a simple set of instructions will be sent out to an elite group of investors. The folks in this group will have the opportunity to place a 10-minute trade that could double their money by Friday. Consider this your invitation to join them. The next trade is just days away.

Chamath Palihapitiya Says Nvidia Is Huawei's 'New Target' — A 'National Champion' That Crushed Tech Giants With A 'Low-End Disruptor' Strategy

Chamath Palihapitiya warned that Huawei is using a "low-end disruptor" strategy to challenge Western tech giants like Nvidia, as China accelerates its push for tech independence amid rising U.S.-China tensions.

Trump to Unlock 15-Figure Fortune for America (May 3rd)? - Ad

This map looks ordinary--but according to insider Jim Rickards, it reveals a hidden government asset so massive . Trump may soon unlock it--learn how to position yourself before it's too late!

Airbus Finalizes Deal With Spirit To Take Over Assets, Paving Way For Boeing Acquisition

Airbus will acquire Spirit Aerosystems' assets in multiple locations globally, including facilities in North Carolina and France.

Saudi Arabia and Qatar to pay back Syria's debt to the World Bank

BEIRUT (AP) — Saudi Arabia and Qatar said Sunday they will pay Syria’s outstanding debt to the World Bank, a move likely to make the international institution resume its support to the war-torn country.

Elon's Optimus Could Mint New American Millionaires - Ad

Elon Musk's upcoming Optimus robot could turn him into the world's first trillionaire. Morgan Stanley has already gone on record to say that Optimus could be part of a $30 trillion opportunity... And one Silicon Valley insider has uncovered a way for Americans to potentially profit from Optimus BEFORE it gets rolled out.

Elon Musk's DOGE Saves $160 Billion But Could Lead To Billions In Hidden Costs For Taxpayers, Warns New Analysis: 'Public...Will End Up Paying For This'

The Department of Government Efficiency (DOGE), spearheaded by Elon Musk, has reportedly saved $160 billion by eliminating wasteful government spending. However, a recent analysis reveals the amount that DOGE's actions will cost taxpayers.

ETFs Last Week: Funds Lead The Charge As Markets Stage A Return To Risk-On

Investors ditched worries, boosting ETFs like VanEck SMH (+13%) on chip stock rally, Virtus BBC (+7%) on biotech hope, Simplify TESL (+31%) on Musk's focus, Invesco SPHB (+11.5%) on risk appetite, iShares IBIT (+9.2%) on crypto optimism. Market sentiment received boost from easing US-China trade tensions and news of no Fed Chair firing. S&P 500 recovered 80% of its post-April 2 sell-off, but warning signs remain with slowing private sector growth, declining consumer sentiment, and rising inflation expectations. ServiceNow (+20%) and Northrop Grumman (-15%) had divergent earnings, while

One Coin to Rule Them All... - Ad

Hardly any investors are talking about this coin but I believe that's about to change with some potentially huge news! Get in on the ground floor while it's rock bottom with this new how-to guide, just $3.

Forget Dogecoin And Shiba Inu — Crypto Analyst Sees This Coin Surging 100%

A crypto analyst has forecasted a 100% increase for Pepe (CRYPTO: PEPE), a mid-cap competitor to Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO:

Elon's Greatest Invention... Hidden in South Memphis? - Ad

Tech legend Jeff Brown recently traveled to the industrial zone of South Memphis to investigate what he believes will be Elon's greatest invention ever... Yes, even bigger than Tesla or SpaceX.

New Study: 50 Stocks Will Crash While 7 MAGA Stocks Will Soar - Ad

If you own any of these stocks -- directly or through mutual funds -- I want to encourage you to sell them before April 30th. I've compiled all 50 companies in my "MAGA Blacklist" report. Your retirement could depend on seeing this list.

A massive explosion and fire strikes Iranian port and injures at least 281 people

TEHRAN, Iran (AP) — The number of injured from an explosion Saturday at a port in southern Iran jumped to 281, the state-run IRNA news agency reported.

World Economic Forum: "Arguably the Most Exciting Human Discovery Since Fire" - Ad

Sam Altman, Bill Gates, and Mark Zuckerberg are all investing vast sums of money into a radical technology. According to Bloomberg, this could become 10 times bigger than AI, quantum computing, electric vehicles, cryptocurrencies, and robotics combined. And one stock is at the center of it all.

Canadians put off by Trump's bluster and border arrests are booking far fewer US visits

VANCOUVER, British Columbia (AP) — Diana and Rick Bellamy initially planned to take a Caribbean cruise out of Houston before heading to Laurel, Mississippi, to visit the home of one of their favorite HGTV shows, “Home Town.”

Google Tells Court Only It Can Run Chrome, Warns Forced Divestiture Would Break The Browser: 'Don't Think It Can Be Recreated,' Says Executive

Google told a federal court that only it can operate Chrome properly due to deep integration with its infrastructure, warning that a forced divestiture would break the browser, while a government expert argued transfer is feasible.

Maverick Trader Reveals 97% Accurate System - Ad

This man's simple strategy makes money in any market...With a 97% accuracy at hitting winners over the past 8 years!

A bushel of fruit and vegetable motifs give decor a healthy farmstand vibe

Interior designer and stylist Jonny Carmack has a “fruit room” in his Danbury, Connecticut, home. Colorful faux produce bedecks every inch, from the cherry-shaped ceiling fixture to a strawberry side table and a bunch of other juicy gems in decorative forms.

Rocket Lab Stock Is Shooting Higher Thursday: What's Fueling The Launch?

Rocket Lab USA Inc (NASDAQ:RKLB) shares are trading higher Thursday after the company announced it was selected by Kratos Defense & Security Solutions Inc (NASDAQ:KTOS) to provide a hypersonic test flight for the U.S. Department of Defense (DOD).

You Can Take a Stake in Elon's xAI Before May 1st... - Ad

Elon Musk's private AI firm xAI may have just leapfrogged ChatGPT and Google's Gemini--building what experts call the future of AI. For the first time, you can take a stake starting at $500.

Ex-Cellmate Says Epstein Was Offered Plea Deal for Information on Trump: 'Give Them Something on Trump To Get Him Impeached'

Jeffrey Epstein was allegedly offered a plea deal by federal prosecutors. The deal was contingent on Epstein providing information on President Trump, as claimed by Epstein's former cellmate.

NEW THIS WEEK: Huge Energy Discovery In Utah - Ad

The Department of Energy says it could power America for millions of years, and both grizzled oilmen and clean energy supporters love it: Energy Secretary Chris Wright called it "an awesome resource," while Warren Buffett, Jeff Bezos, Mark Zuckerberg, and Bill Gates are all directly invested.

China says there are no negotiations with the US over tariffs

BANGKOK (AP) — China on Thursday denied U.S. President Donald Trump's assertion that the two sides were involved in active negotiations over tariffs, saying that any suggestion of progress in this matter was as groundless as “trying to catch the wind.”

China May Hit US Where It Hurts Amid Trump's Tariff War — Services Trade In Crosshairs, With Walt Disney, IMAX And Warner Bros. Discovery In Focus

As Washington doubles down on its trade war with China, and tariffs now going as high as 104%, some leading experts believe that the Middle Kingdom might have an ace up its sleeve, that could hit the United States where it hurts most—Services.

No.1 Opportunity for 2025 [Take Action Now!] - Ad

Starlink's potential IPO Could Be the Biggest in History--Silicon Valley insider James Altucher has uncovered a way to profit BEFORE the IPO--with as little as $50. Musk's $180B giant is set to launch--will you miss out? Claim your spot before it's too late.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright trendadvisor.net
Privacy Policy | Terms of Service