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In today’s great history, Canada and Mexico be affected with 25% prices In the last major reshuffle of the Trump administration. But some Canadians are Fight in their own way.
What’s on deck
Markets: Hedge funds’ February editorial bulletins are in.
Technology: Deepseek said that his AI models may have an incredible beneficiary margin. There is only one taking not so small.
Business: Advertising initiates tell customers to advertise Elon Musk To avoid political headaches.
But first, here are the prices (again).
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Brandon Bell / Getty Images; Istock; Rebecca Zisser / Bi
After a stay of a month, the prices are back on the table for the neighbors of the United States and the largest business partners.
President Donald Trump confirmed on Monday that the United States proceeded 25% prices on goods Canada and Mexico. The president said there was “There is no room left” for negotiation with the American alliesHope for crushing another last -minute resolution.
The announcement aggravated what was already a difficult day for American actions, which treated with the AI giant The sale of a week of Nvidia. The S&P 500 ended the day down 1.76%.
China, which already faces American prices, has also been affected. Taxes on its goods will be doubled at 20%.
This is the latest development in one of the most unpredictable aspects of Trump’s second term. From his campaign track, Trump has promised to implement rigorous taxes on the trade partners of the United States.
Trump and his supporters argue that prices will bring business in the United States and improve trade terms with other countries. The CEO of Pfizer said on Monday that he Return abroad for manufacturing drugs in the United States In response to prices.
However, some economists and investors have said that US consumers will finally feel pain.
The legendary investor Warren Buffett was the last to weigh, calling the prices “an act of war, to a certain extent”, ” During an interview with CBS News on Sunday morning. He also said that prices become a tax on goods over time, adding “I mean, the fairy of the teeth does not pay them!”
Jenny Chang-Rodriguez / Business Insider
Whatever the side you are on, the importance of imports from China, Mexico and Canada is undeniable.
According to data from 2023, one of these three countries was the largest import trading partner For all except a few states. The exceptions were Alaska and Hawaii (South Korea), Maryland and Rhode Island (Germany), Indiana (Ireland) and Idaho (Malaysia).
Meanwhile, goods imported from Mexico, Canada and China are mainly distributed in one of the three categories: oil, electronics or vehicles.
The United States could also cope with reprisals on its exports. Some Canadians seem to take matters into their own hands. In response, they are Abandon American consumption brands in favor of locally manufactured alternatives. The largest retailer in the country said that Canadian product sales are up to two figures.
Meanwhile, China announced additional prices From 10% to 15% on certain American imports, including soy, pork and beef.
Images Pete Starman / Getty
1. Two high hedge funds had an icy February. Citadel and Millennium funds lost money last month, unable to shake up market assaults caused by President Trump’s shares. Geopolitical tensions and the risk of a trade war have shook the confidence of investors. However, some multi-surtegic companies resulting from volatility with positive yieldsIncluding Balyasny and Exoduspoint.
2. Three things to investors to monitor this week. Treasury yields could increase due to Trump’s price plan for Canada and Mexico. The data on February jobs will give an overview of the effect of Trump policies and the direction of the economy. And a range of Fed speeches, including President Jerome Powell on Friday, could give clues to what drives recent economic weakness.
3. How Trump’s crypto reserve could actually work. The president displayed that he wanted to make the United States the “cryptographic capital of the world” by Digital currency storage. The project has the potential to position the United States as a dominant actor on the market and to modernize the financial system. However, we do not know how the reserve would be funded and executed.
Thanasis / Getty, Tyler le / bi
1. DEEPSEEK spoke of a potential profit margin of 545%, but it is delivered with some major warnings. To make these monstrous gains, all Deepseek users should pay. It will not be easy, since none of its competitors did only all their users did. To make things more complicated, a Few other factors question the figure.
2. The new Amazon AI reasoning model is defined to compete with Openai and Anthropic. Eugene Kim de Bi learned that Amazon will launch a model with advanced “reasoning” capacities under her Nova brand by June. According to an initiate of the project, the model Will embrace the “hybrid reasoning”, which allows it to provide rapid responses and to engage in a more complex extensive reflection – while striving to be one of the most economical options on the market.
3. The creators of Youtube become of the old school. Last year, the company said that television is the first place that people watch YouTube, going beyond phones. YouTubers collects the transition by creating longer videos, as extensive content can increase their income with More advertising and higher rate breaks.
Saul Loeb / Getty, Doug Armand / Getty, Tyler Le / Bi
1. Management experts say DOGE is a case -end management case study. Before Donald Trump took office, business leaders hoped that Elon Musk’s involvement in the Doge office could reduce bureaucracy. Six weeks later, this hope curled in serious concern. Management experts have described Doge’s tactics as “clumsy”, “unhappy” and Full of “political carelessness”.
2. Kroger CEO came out after an investigation into “personal behavior”. Kroger’s board of directors learned the conduct of the CEO Rodney McMullen who was “incompatible with Kroger’s policy on business ethics,” said a declaration by the grocery chain. While no partner Kroger was involved in this conduct, McMullen suddenly resigned Following an investigation. The former CEO of Staples, Ronald Sargent, is now at the helm while the largest supermarket chain in the country by sale is looking for a permanent replacement.
3. Elon tax on advertising. The initiates of the industry told BI that they advised customers to spend X to avoid legal and political headaches. X has a long relationship with advertisers, but Elon Musk’s found influence in the White House encourages them to queue. They are afraid of political reprisals if they do not – and they are not satisfied influence their advertisements.
Today’s initiate team: Dan Defrancesco, editor -in -chief and anchor, in New York. Grace Lett, publisher, in Chicago. Ella Hopkins, assistant editor, in London. Hallam Bullock, editor -in -chief, in London. Amanda Yen, assistant editor, in New York. Elizabeth Casolo, stock market, in Chicago.
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