The resurgence of a pricing conflict led by BYD Co. $1211.HK has significantly unsettled the electric vehicle (EV) market, resulting in a substantial $20 billion market value erosion in a mere two weeks. This strategic move by China's leading car manufacturer has generated doubt among investors regarding its capacity to sustain its recent market surge.

Galaxy Digital Holdings Ltd. $GLXY, a leading crypto-financial company founded by Mike Novogratz, marks a strategic return to its core market by starting to trade on Nasdaq. With its headquarters in New York, the firm’s US listing is more than a formal move — it reflects evolving priorities among cross-border companies. This step challenges a persistent trend where Canadian TSX-registered firms commonly opt for listings outside their main operational base.

Donald Trump’s announcement to raise tariffs on steel and aluminum imports from 25% to 50% marks a significant escalation in US trade protectionism. Unveiled at United States Steel Corp. $X near Pittsburgh, the initiative targets overseas producers and aims to safeguard domestic manufacturing. Trump’s remarks directly connected the punitive measures to the interests of American workers, asserting that the increased levy would deter foreign rivals from undermining US industry. In his words, the shift from a 25% to a 50% barrier turns a figurative fence into “a wall”, raising the costs and complexity for foreign suppliers.