đïž The U.S.-Canada trade war escalated fast after talks collapsed Friday. A 50% U.S. tariff on roughly $20 billion of Canadian goods â more than 500 product categories, including alcohol â took effect Saturday, Trump threatened 50% tariffs on Canadian cars Monday, and Prime Minister Mark Carney plans dollar-for-dollar retaliation Tuesday.
đ°ïž Alibaba raised $10.2 billion in a record Hong Kong share sale to bankroll its AI buildout â and shareholders balked. The company sold 710 million new shares to help fund a three-year, 380 billion yuan AI and cloud investment plan. Its U.S.-listed shares fell more than 3% in premarket trading.
#alibaba #USCanadaTrade
đ°ïž Alibaba raised $10.2 billion in a record Hong Kong share sale to bankroll its AI buildout â and shareholders balked. The company sold 710 million new shares to help fund a three-year, 380 billion yuan AI and cloud investment plan. Its U.S.-listed shares fell more than 3% in premarket trading.
#alibaba #USCanadaTrade