Canada is imposing up to 50% tariffs on over 700 U.S. products after trade negotiations collapsed, mirroring recent U.S. tariffs.

Canada announced plans for retaliatory tariffs ranging from 15% to 50% on more than 700 American goods, a day after President Donald Trump threatened to raise tariffs on Canadian cars and auto parts to 50%.

Canada announces retaliatory tariffs up to 50% on $20B in U.S. goods. 'The Big Money Show' panel analyzes the trade tensions and Doug Ford's reaction.

"For each product, our tariff would match the American tariff on the same type of Canadian goods,” said Canadian Finance Minister François-Philippe Champagne.

Gold rose in Asian trade. The yellow metal has rebounded sharply from July lows, supported by renewed investment demand and growing unease over the U.S. fiscal outlook, ING said.

A softer dollar makes greenback-priced gold attractive to holders of foreign currencies, while lower Treasury yields reduce the opportunity cost of buying bullion. The dollar inde

The unexpected move has revived concerns about rising borrowing costs and exerted downward pressure on the dollar, making gold that's priced in the currency cheaper for many buyers.

As of August 25, 2026, the price of gold is $4,636.00 per ounce. See updated daily gold price, historical gold price charts, percentage changes and gold trends at USA TODAY Money.

Wall Street's main indexes opened ​higher on Tuesday as ‌technology stocks recovered from the previous session's ​selloff ahead ​of AI heavyweight Nvidia's results ⁠and an ​inflation report key to ​shaping interest rate expectations.

Plus, Canada’s Mark Carney puts his trade doctrine to the test, and a billionaire’s seafood shack sparks a fight with Montauk locals.

Key Takeaways After a spate of recent deals, Nvidia faces pressure to defend its efforts around helping clients and partners finance their investments in AI.Analysts have also said they’ll listening for insights about Nvidia’s product roadmap,

The stock market doesn’t look to be particularly excited about Nvidia’s coming earnings report despite the end of a seven-day losing streak Tuesday. That could be just what the chip maker needs to finally get some momentum.

Oil fell Wednesday, as investors continue to assess the U.S. pivot toward economic sanctions rather than military strikes to add pressure on Iran.

Oil prices fell in early trading, with Brent crude below $90 a barrel, despite U.S. plans to tighten economic pressure on Iran.

What matters more for oil prices is how hard U.S. sanctions hit China, Iran’s biggest oil buyer, and whether Beijing pushes back.

Long queues formed at petrol stations in Tehran on Tuesday after the United States announced fresh sanctions aimed at pressuring Iran into submission.The government has attributed the violence to

The national debt passed the $40 trillion mark last week. While the record number is staggering on its face, equally concerning is that the debt more than doubled in just 10 years. There are many reasons for this: emergency spending during COVID-19,

The national debt in the U.S. has surpassed $40 trillion.

The U.S. national debt crossed another grim milestone this month, surpassing $40 trillion for the first time ever. That's more than double the amount owed in 2017, and worse still, on the current trajectory,

The U.S. national debt has crossed the $40 trillion mark, putting the country's borrowing and the cost of that debt at the center of an affordability debate.

The market’s negative reaction to Alibaba’s announcement of a major share issue illustrates a broader skepticism among global investors about the eventual payback on present AI spending

Alibaba's top executives take it further as investors weigh concerns about dilution from a massive new share sale.

Alibaba Group Holding Limited is doubling down on AI spending with an HK$80 billion equity raise, intensifying its cloud and AI compute investments. Learn more about BABA stock here.

Alibaba is now focused on building an entire AI stack. It's spending heavily to build its cloud and AI future. 10 stocks we like better than Alibaba Group › For years, Alibaba (NYSE: BABA) was synonymous with Chinese e-commerce.