An alloy of iron and carbon, with diverse elements for strength and durability.
Markets are stabilising after a stretch of high activity in tech options, with traders shifting focus as implied volatility cools. Small caps are leading potential next moves, while global equities reflect a policy-led, carry-friendly regime.
The European Commission has proposed extending free emissions permits and slowing the rate at which caps fall, extending some allowances to 2038 and allowing outside-EU carbon credits from 2036. The shift aims to cushion industry from energy shocks while keeping climate targets in view, triggering debate among member states and green groups.
Canada and the United States have resumed intensive talks to avert steep US tariffs that could take effect this week. Ottawa has offered concessions, including removing a retaliatory auto tariff, while Washington has pressed provinces to lift bans on US alcohol and pushed demands on market access and content rules for autos. Negotiators are still finalising details.
Canada has suspended trade talks with the United States after last‑minute changes to a proposed deal, and Prime Minister Mark Carney has said Canada will match new 50% US tariffs "dollar for dollar". Washington has imposed duties on about $20bn of Canadian goods; both sides blame the other for collapsing talks.
Canada has matched the United States’ 50% tariffs on a broad range of goods, escalating a tense trade war. Ottawa says it will apply counter-tariffs across sectors including steel, dairy, appliances and electronics, while promising support for affected businesses as talks stall. The row centers on autos, housing materials and consumer items, with markets reacting to the broader clash over sovereignty and trade rules.
The United States has imposed 50% tariffs on roughly $20bn of Canadian goods and Canada has announced dollar‑for‑dollar retaliation, naming more than 700 U.S. products for 15%, 25% or 50% duties from Sept. 8. The moves have hit metals, autos, food and household goods and are pushing costs for manufacturers and consumers on both sides of the border.
Trump has threatened 50% tariffs on Canadian cars, trucks, auto parts and steel, arguing a US deficit is unsustainable. Ottawa says talks have collapsed; Canada plans retaliatory duties. The White House has not commented yet.
Sen. John Fetterman has delivered a pre-recorded message at the Republican midterm convention in Dallas, praising Republican Sen. Dave McCormick and saying he will "work with President Trump to fight and defend the steel way of life." The cameo has intensified Democratic concerns about his party loyalty and revived questions about a possible party switch before his 2028 reelection cycle.