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Late Thursday, Trump posted a letter threatening to impose 35% tariffs on goods from Canada. The barrage of letters began on Monday, setting tariffs of 25% on goods from Japan and South Korea and 50% on Brazil.

Markets had dismissed tariff risks under the assumption that Trump would follow an earlier pattern and back off, in what became known as the so-called TACO trade. That allowed stocks to reach new record-high territory recently, marking a stunning rebound from the collapse triggered by his “Liberation Day” reciprocal tariffs in April.

U.S. and European stock futures dipped in Asia on Friday after President Donald Trump stepped up tariff threats against Europe and Canada, restraining an early rally in regional share markets.The dollar gained on the euro and the Canadian currency as Trump issued a letter late on Thursday that a 35% tariff rate on all imports from Canada would apply from August 1,

Dow Jones futures will open Sunday evening, along with S&P 500 futures and Nasdaq futures. President Donald Trump announced Saturday that he'll impose 30% tariffs on the European Union and Mexico, with overall Trump tariffs set to top April 2 Liberation Day levels.

Wall Street on Friday was poised for a negative open, with stock index futures down, as President Donald Trump slapped a 35% tariff on Canada and warned of further hikes if Ottawa retaliated. S&P 500 futures (SPX) -0.

These days, Tesla investors would probably like to be thinking about EV sales, robo-taxis, or anything else besides politics.

S mall caps and blue chips lagged a generally down market Friday as the Russell 2000 and Dow Jones Industrial Average were responsible for most of the selling. Meanwhile the Nasdaq and S&P 500 tried to limit losses as Nvidia NVDA and Palantir PLTR continued to attract buyers on the stock market today.

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CNBC anchor Joe Kernen broke the news that Trump dropped a new tariff threat on Canada, and asked Megan Cassella if she knew "what made him mad." The post ‘Something Must Have Made Him Mad!’ CNBC Anchor Breaks New Trump Threat That ‘Knocks Stock Market Off Balance’ first appeared on Mediaite.

Trump’s tariffs and the trade war continue to affect global markets. Follow along for live updates on the Dow, S&P 500 and Nasdaq.

Families can contribute up to $5,000 a year into Trump accounts, with employers allowed to chip in up to $2,500 of that amount.