Trump Imposes Tariffs on Canada and Mexico Amid Global Trade Worries

US President Donald Trump has ordered tariffs on goods from Canada and Mexico, sparking concerns of a global trade war. The 25% tariff on Canadian goods and the 10% tariff on Chinese products are set to start on Tuesday.

Business leaders have urged Trump to reconsider, warning that a trade war could devastate American industries. However, investors see an opportunity in the chaos, particularly with crypto coins, as some analysts believe that the market’s focus on AI will continue, even after the DeepSeek crash.

The crisis highlights the risks of relying too heavily on one theme in the market and the importance of diversifying investments. As the tech sector continues to dominate, investors are being forced to reevaluate their positions. The key lesson from the DeepSeek drama is that AI rules the roost, and failure to acknowledge its impact feels like investing negligence.

The news brief includes updates on Musk’s plans for DOGE, Robinhood’s media arm laying off staff, and BeyoncĂ© winning album of the year at the 2025 Grammys. In business, Trump’s deportation plan could boost private prison stocks, while hotels aimed at housing the homeless are gaining traction in some US cities.

As tensions rise globally, investors are being forced to take a closer look at their portfolios and prepare for what may be a volatile market ahead.

Source: https://www.businessinsider.com/lessons-deepseek-tech-shock-investors-market-volatility-2025-2