Us Economy

President Trump accuses Canada of exploiting the U.S. with unfair tariffs as trade deal efforts stall, intensifying diplomatic friction between the two nations.

The U.S. faces a $38 billion bill from the Iran conflict. High energy costs and strategic losses may affect midterm elections for President Trump.

High energy costs at the pump and a strategic setback in the Iran conflict may impact U.S. politics, potentially costing President Trump support in upcoming midterm elections due to economic pressures.

Foreign nations are diversifying assets due to U.S. debt concerns and sanctions. Gold prices hit record highs while central banks relocate reserves abroad amid fears over dollar dominance.

Congressional Budget Office estimates Iran war costs hit $38B with $2-3B monthly spending as Treasury yields reach 19-year highs.

US ten-year Treasuries hit their highest level since 2007 at 5.04%, driven by expectations of an upcoming Federal Reserve interest-rate decision this week.

Trump bans imports of Canadian dairy, alcohol and motorcycles. The move marks a significant escalation in ongoing trade disputes between Washington and Ottawa this Tuesday.

Federal Reserve official Kevin Warsh warns that persistent high inflation requires action, signaling possible interest rate increases to investors and local markets.

New U.S. sanctions target Iranian allies and key sectors like shipping. Tensions rise in the Middle East with reports of attacks on oil tankers and cyber incidents affecting global infrastructure.

Economic experts indicate that ongoing inflation and wage issues remain a liability for Republicans as Americans face financial strain before the November election cycle begins.

Canadian premiers discuss leveraging oil, power and potash against US economic pressure while Mark Carney evaluates next steps in ongoing trade disputes.

US GDP rose to 2% in Q1 despite an ongoing war with Iran. Consumer spending on services remained strong, while business investment surged due to AI infrastructure builds.