Canada will be its own best customer, Carney says on tariffs; Trump demands interest rate cut again – US politics live

Canadian prime minister vows to protect jobs; US president amps up pressure on Fed chair amid weak job report

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US adds 73,000 jobs in July amid economic pressure from Trump’s trade war
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Trump signs order increasing tariffs on Canadian goods
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Full list of new tariff rates

The main US stock indices have fallen sharply at the start of trading, as investors react to the flurry of tariffs announced last night and today’s weak US jobs report.

The Dow Jones industrial average (which contains 30 large US companies) has fallen by 1.1% at the start of trading, shedding 501 points to 43,629. Continue reading…
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