JUST IN: πΊπΈ Treasury Secretary Bessent may tap close to $1 trillion held in the Treasury General Account to finance bond buybacks.
JUST IN: πΊπΈ Trump is lifting tariffs on all Canadian cars, trucks, auto parts and steel to 50%, with the increase taking effect in 2027.
JUST IN: π¨π¦ Ontario Premier Doug Ford has warned he could halt electricity and critical mineral exports to the United States if the trade dispute with Canada escalates further.
JUST IN: πΊπΈ The Trump administration has put forward a rule that would apply a fee of more than $100,000 on new H-1B worker visas.
JUST IN: πΊπΈ Citadel says the Treasury's expanded bond buyback program risks weakening the US dollar and pushing inflation higher.
JUST IN: πΊπΈ The United States will apply an extra 7.5% tariff on goods imported from China.
JUST IN: πΊπΈ US Treasury Secretary Bessent says he expects a major financial institution to face sanctions this week.
JUST IN: π¨π¦ Canada is set to formally announce retaliatory tariffs on the United States tomorrow.
JUST IN: π¨ Bitcoin climbed to $81,000, with $225 million in short positions liquidated across the crypto market within 10 minutes.
JUST IN: π¨ Strategy, led by Michael Saylor, is now sitting on a $4,000,000,000 unrealized gain on its Bitcoin holdings.
JUST IN: π¨π³ China has signaled it may take retaliatory measures against the United States in response to sanctions tied to Iran.