US and Canada overlap tariffs

On March 12-13, 2025, CNBC will be held “Conversge Live”, in Singapore, where global business executives, entrepreneurs, investors and key makeup decisions will discuss what it means to innovate and grow, cooperating and exchanging ideas in various industries.

Viewers can watch the direct stream of the event and hear from the speakers, including Deputy Prime Minister Singapore Kim Yong Gan, Chairman of the Alibaba Group Joe Tsay, Bridgewater Associates founder Ray Dalio and CEO SalesForce, Chairman and Co -founder Mark Beniof there.

The White House was hot – but in a short – the tariff contraction with Canada, double the imports of the northern neighbor and at one point up to 50%. This was in response to Prime Minister Ontario Doug Ford, who said he would introduce 25% of the electricity export to the US

But the cool heads prevailed, and the trade war was suspended temporarily. Despite the resolution, investors were unresolved by a permanent break over the tariffs and selling shares by dragging the S&P 500 into a correctional area during a trading session.

The market down is ongoing
On Tuesday, S&P 500 slid 0.76%and was 10% below your record closed by minimum During the trading session. A Dow Jones Industrial Medium lost 1.14% and Nasdaq Composite decreased by 0.18%. Europe Stoxx 600 index fell 1.7%. Shares Volkswagen Decreased by 1.1% after the German car giant reported Falling annual operating profit by 15% compared to last year On Tuesday.

American projections of the IPC
The forecast in February, in February, is projected, indicating 0.3% for a wide range of goods and services. This projection takes both for measures of all elements and the main index that eliminates volatile food and energy prices. Annually, it would put Title Inflation by 2.9%and Main Reading by 3.2%Both 0.1 percentage points are lower than in January.

Trade barbs
US President Donald Trump has abandoned plans for raising Tariffs on the import of Canadian steel and aluminum On Wednesday, 50% on Wednesday, Tuesday reported on Tuesday’s chief white -house trade advisor Peter Navaro. Trump originally doubled the tariffs on Canada because Ontario announced 25% Electricity Export to USA Province later stopped it After the secretary of the US trade, Howard Lutnit, agreed to more trade negotiations.

Ukraine will agree to ceasefire if Russia will accept
Ukraine agreed on Tuesday with a direct 30-day ceasefire According to the US, when Russia is accepting the plan, officials said. As part of the US plan, they immediately paused for joint exploration and resumed safety assistance with Ukraine, which Russia broke more than three years ago. “Ukraine is ready to start a conversation and stop firing,” said Secretary of State Mark Rubio in Jeddda, Saudi Arabia.

(Pro) S&P 500 closes below key level
The sale this week has pushed the S&P 500 below the key technical level, causing concern that a sustainable decline may take. That’s why market techniques believe this step can Restriction Further in 2025Which is likely to be determined by Choppy, Sockate Action after running over the last two calendar years.

Greenland that has hit the love triangle between the US, Denmark and Independence as the election is taking place

On Tuesday, on Tuesday, Greenland will head to elections, which speak for many years of discussions about independence from the control of Denmark – and the ambitions of US President Donald Trump take over the island “one way or another”.

Most of the six main political parties support independence, and the last poll of the voters in January suggested that the Inhuit-Independence Party could retain power in the parliament of 31 places or inacsart. The previous Inuit Ataqatigiit Siumut coalition partner is likely to come in second place.