Tuesday, August 25, 2026

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Daily Briefing

President Trump has slapped 50 percent tariffs on 20 billion dollars of Canadian goods, intensifying trade friction ahead of planned duties on autos and steel. The Supreme Court cleared the way for the administration’s mail-ballot data rule, while Trump’s endorsed candidate faces a tight Senate runoff test in South Carolina. U.S. sanctions are also expanding pressure on Iran’s trade partners.

Stock futures rose ahead of Nvidia earnings and PCE inflation data, as AI demand spurs U.S. gas plants at twice China’s pace and triggers new export and safety probes. A wildfire near Reno has burned 23 square miles and destroyed 32 homes. A new study found CTE in 91 percent of donated brains from former NFL players.

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