Canada’s main stock index experienced significant movement this week, largely influenced by global trade developments and policy decisions. On Monday, the TSX surged in alignment with a global rally after U.S. President Donald Trump eased some of his tariffs. The White House decided to exempt smartphones, computers, semiconductor memory chips, and flat panel displays from reciprocal tariffs imposed on China, which constitutes 23 per cent of U.S. imports from the country. This decision was driven by concerns over the potential impact on consumer prices, such as the hypothetical US$3,500 American-made iPhone.
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