Canada Weighs Retaliation Cost as Analysts Warn Hitting Back Isn't Worth It
Until this week, Canada and Mexico received similar treatment in White House trade actions. Each was subject to a 25% base tariff, with a large exemption for goods shipped under the North American free trade pact known as USMCA.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
17 minutes ago
- Yahoo
South Park Savages ICE and Kristi Noem, Sends Trump to Mar-a-Lago — Read Recap
Did you think South Park would take it easy on Donald Trump this week? Yeah, we didn't, either. In Wednesday's episode, Cartman is enraged when he sees Clyde start a debate podcast where he says terrible things about women and Jews. Hey, that's Cartman's thing! As Clyde explains to guidance counselor Mr. Mackey, 'I'm just trying to make my nut, man.' (DoorDash isn't free, you know.) But then P.C. Principal fires Mr. Mackey because the government is cutting back on 'unnecessary expenses,' and Mr. Mackey is left wondering: 'What about my nut?' More from TVLine The Chi's Yolanda Ross Breaks Down Her Heartbreaking Exit in the Season 7 Finale: 'We All Lost It' The Sandman's Finale Made Us Wish for a Death-Centric Spinoff: 'We Did Play With Those Ideas,' EP Says Dexter: Resurrection Recap: Dexter's Connection With Mia Takes a Shocking Turn Mackey goes to the bank to look at his finances, and it's grim: His nut is $8,000 a month. ('I had no idea my nut was that big.') He can't find a job as a counselor, so he has to work for ICE rounding up undocumented immigrants because they're the only ones hiring: 'We don't ask for experience!… We don't care if you've read a book!' Mackey goes to the recruitment center and is immediately hired, and they show him an orientation video starring Homeland Security head Kristi Noem, who shoots dogs dead when she's not locking up immigrants. (Oh, and she doesn't look great without makeup on.) While Cartman takes over Clyde's podcast and becomes a 'master debater,' sporting a Charlie Kirk haircut, Mackey is handed a machine gun and sent out on his first ICE raid… at a Dora the Explorer concert. He and the other ICE agents rush in and arrest dad and grandmas, even Dora herself. Noem is pleased — but her Botox falters, and her face melts like a hot candle. ICE's overreach leads to angry protests in Denver, where one protestor argues 'there are many Latinos in heaven.' So Noem sends her ICE agents to heaven to round up all the Hispanic angels: 'If it's brown, it goes down.' By now, though, her face falls completely off and scurries away. Mackey's making good money as an ICE agent, but as his income increases, so does his nut. Noem has good news, though: The President has invited Mackey to Mar-a-Lago to thank him personally. He's flown down to Trump's pleasure palace, where Trump emerges in a pristine white suit like Ricardo Montalban from Fantasy Island — while his VP J.D. Vance is reduced to playing the pint-sized Tattoo. Trump wants to promote Mackey to head of homeland security, he says. But what about Noem? 'Her face freaks me out,' Trump admits. Mackey gets cold feet, though, when Trump pulls him into a bedroom with Satan — yikes — and as he tries to escape, Mackey finds that Mar-a-Lago is just a house of horrors. Even fellow guest Clyde is disillusioned: 'Just wanted to make my nut, sir. Didn't really want all this.' Mackey understands, telling the kid: 'If you're doing something you don't really believe in just to make your nut, you're gonna find that you just get sadder, and your nut just gets bigger.' They decide to leave together, with the help of Superman's flying dog Krypto… well, until Noem takes out poor Krypto with a sniper rifle. But when her face crawls off and leaves the ICE agents scrambling to recover it, that gives Mackey and the immigrants enough time to escape. All's well that ends well, we guess. Got thoughts on this week's ? Drop 'em in a comment below. Best of TVLine Mrs. Maisel Flash-Forward List: All of Season 5's Futuristic Easter Eggs Yellowjackets Recap: The Morning After Yellowjackets Recap: The First Supper
Yahoo
17 minutes ago
- Yahoo
Asian stocks climb, dollar droops on Fed easing bets
By Kevin Buckland TOKYO (Reuters) -Asian equities rose on Thursday, with Japanese shares hitting a record high, as tech-led gains on Wall Street, upbeat earnings and growing expectations for U.S. rate cuts boosted sentiment. The prospect of a meeting between U.S. President Donald Trump and Russian President Vladimir Putin over the war in Ukraine also underpinned sentiment, benefitting the euro, while weighing on oil prices as traders gauged the outlook for sanctions on Moscow. Sterling held its ground at a one-week high going into the Bank of England's policy announcement later in the day, with a quarter-point cut widely expected, and the focus falling on a possible three-way split within the board. At the same time, markets largely shook off Trump's latest tariff threats, including an additional 25% tariff on India over purchases of Russian oil and a threatened 100% duty on chips. Japan's broad Topix index rose 0.9% to reach an all-time high, with the more tech-focused Nikkei also gaining by about the same margin. Taiwan's stock benchmark surged 2.3% to a more than one-year peak. South Korea's KOSPI added 0.6%. Hong Kong's Hang Seng rose 0.4%, and mainland Chinese blue chips advanced 0.3%. Australian shares edged slightly lower after hitting a record high on Wednesday. U.S. stock futures were buoyant, with those for the S&P 500 up 0.3% and those for the Nasdaq also rising 0.3%. On Wednesday, the S&P 500 climbed 0.7% and the Nasdaq Composite jumped 1.2%. "Wall Street seems to have gotten its mojo back," analyst Kyle Rodda wrote in a note. "However, there are persistent risks to the downside. Downside surprises in official data are increasing," he said. "Valuations are also stretched, with forward price to earnings hovering around the highest in four years. And trade uncertainty persists." The U.S. dollar remained lower against major peers on Thursday, with expectations of easier policy from the Federal Reserve stoked both by some disappointing macroeconomic indicators - not least Friday's payrolls report - and Trump's move to install new picks on the Fed board that are likely to share the U.S. President's dovish views on monetary policy. Focus is centring on Trump's nomination to fill a coming vacancy on the Fed's Board of Governors and candidates for the next chair of the central bank, with current Chair Jerome Powell's tenure due to end in May. The dollar index, which gauges the currency against the euro, sterling and four other counterparts, gained slightly to 98.245, after dropping 0.6% on Wednesday. The euro was little changed at $1.1657, following the previous session's 0.7% jump. Sterling was steady at $1.3356. The BoE looks poised to cut interest rates for the fifth time in 12 months later on Thursday, but nagging worries about inflation are likely to split its policymakers and cloud the outlook for its next moves. Two Monetary Policy Committee members may push for a half-point rate cut, and two may lobby for no change. The dollar added 0.1% to 147.53 yen. Gold gained 0.4% to around $3,382 per ounce, buoyed by the weaker dollar. Crude oil clawed back some losses from Wednesday, when both Brent and West Texas Intermediate slid about 1%. Brent crude futures were last up 20 cents, or 0.3%, at $67.09 a barrel, while U.S. West Texas Intermediate crude gained 22 cents, or 0.3%, to $64.57 a barrel. Sign in to access your portfolio
Yahoo
17 minutes ago
- Yahoo
Ultra Clean Names Chris Cook as Chief Business Officer
HAYWARD, Calif., Aug. 6, 2025 /PRNewswire/ -- Ultra Clean Holdings, Inc. (Nasdaq: UCTT), announced today that its Board of Directors has appointed Chris Cook as Chief Business Officer of UCT effective immediately. "As President of UCT's Products Division, Chris has successfully grown our product portfolio, expanded our vertical content, deepened our customer relationships and enhanced our manufacturing leadership position across key markets," said Clarence Granger, Chairman of UCT. "In his new role as Chief Business Officer, Chris will also spearhead UCT's commercial strategy, forging deeper strategic partnerships with customers, identifying new market opportunities, and accelerating growth through an optimized portfolio of innovative products and services, accelerating our advancement in the global semiconductor market. In his new role, Chris will continue to report to the CEO." Mr. Cook joined UCT as President, Products Division in April 2022. Chris's track record includes 28 years of successful leadership and general management with semiconductor and electronic systems companies, including Renesas Technologies, Infineon Technologies, Flex, and Cypress Semiconductor. Mr. Cook specializes in driving profitable growth by developing valuable technologies and products, optimizing global operations, and solving tough problems in ways that build lasting trust with customers. In addition, he has led numerous strategic initiatives to scale and improve customer experience, employee engagement, and financial performance via the digital transformation of processes and services. Mr. Cook holds a B.S. in Electrical Engineering and Technology from Purdue University and completed the Program for Leadership Development at Harvard Business School. About Ultra Clean Holdings, Inc. Ultra Clean Holdings, Inc. is a leading developer and supplier of critical subsystems, components, parts, and ultra-high purity cleaning and analytical services primarily for the semiconductor industry. Under its Products division, UCT offers its customers an integrated outsourced solution for major subassemblies, improved design-to-delivery cycle times, design for manufacturability, prototyping, and high-precision manufacturing. Under its Services Division, UCT offers its customers tool chamber parts cleaning and coating, as well as micro-contamination analytical services. Ultra Clean is headquartered in Hayward, California. Additional information is available at Contact: Rhonda BennettoSVP Investor Relationsrbennetto@ View original content to download multimedia: SOURCE Ultra Clean Holdings, Inc.
