In this article, we will discuss What Every Canadian Investor Needs to Know?
Global stock markets moved higher as investors seemed largely unfazed by U.S. President Donald Trump’s latest unpredictable trade rhetoric.
Speaking from the White House, Trump said he intends to impose a 50% tariff on copper imports — a move that could significantly affect Canada, which sends 52% of its copper exports to the U.S.
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He also signaled plans to introduce steep tariffs on imported semiconductors and pharmaceuticals. For medications, he suggested rates could climb as high as 200%, although pharmaceutical companies would be granted a one-year grace period to adapt.
Despite these announcements, Wall Street futures turned positive following a volatile previous session driven by the tariff news. Canadian TSX futures also rose, tracking global sentiment, after the country’s main index dipped the day before due to weakness in mining stocks.
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According to Kyle Rodda, senior financial markets analyst at Capital.com, investors appear to view the delay in implementing the tariffs—now pushed to August 1—as both a strategic move and a signal that the aggressive rates may be part of a broader negotiation tactic. “It’s kicked the can down the road while reinforcing the idea that these higher tariffs are part of a bargaining strategy,” he wrote in a note.
Meanwhile, Canada is ramping up its own trade negotiations with the U.S. after talks stalled last month. A July 21 deadline looms for both sides to strike a partial agreement, though these discussions are running separately from Washington’s broader trade talks with numerous other countries. Those multilateral discussions were originally set to wrap up by midweek but have now been extended by Trump to August 1.
Still, Trump’s unpredictable handling of deadlines and lack of clear consequences if the July 21 target is missed may result in prolonged negotiations. Analysts warn that drawn-out talks could weigh more heavily on Canada’s economy than on America’s.
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