Morning Business Report: Tariffs, flood insurance, and market highs
President Trump issued a new tariff proposal late last night—this time targeting Canada.
(LILAMAX)- President Trump issued a new tariff proposal late last night—this time targeting Canada. The plan calls for a 35% tariff on Canadian goods, set to take effect August 1st. In defense and energy news, the Department of Defense announced it will invest $400 million in MP Materials, which operates the only rare earth mine in the United States. Rare…