{"id":345361,"date":"2026-08-24T16:00:00","date_gmt":"2026-08-24T20:00:00","guid":{"rendered":"https:\/\/stockchase.com\/discover\/?p=345361"},"modified":"2026-08-24T17:15:25","modified_gmt":"2026-08-24T21:15:25","slug":"tsx-climbs-higher-as-trump-reignites-trade-war","status":"publish","type":"post","link":"https:\/\/stockchase.com\/discover\/tsx-climbs-higher-as-trump-reignites-trade-war\/","title":{"rendered":"TSX climbs higher as Trump reignites trade war"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Trade talks collapsed over the weekend and Trump slapped Canada with 50% tariffs yet again. Prime Minister Carney vowed to reciprocate against U.S. goods while Ontario Premier, Doug Ford, blasted Trump as \u201cthe king of bankruptcies&#8221;. One of Trump&#8217;s targets will be Canadian auto parts which sent shares of <a href=\"https:\/\/stockchase.com\/MG-T\">Magna<\/a> tumbling 6.56% and <a href=\"https:\/\/stockchase.com\/LNR-T\">Linamar<\/a> sliding 8.61%. Overall, however, the TSX gained 0.26% after eight TSX sectors rose on Monday, led by materials and healthcare while discretionary lagged the most. Other movers were <a href=\"https:\/\/stockchase.com\/ABX-N\">Barrick Gold<\/a> up 1.63%, <a href=\"https:\/\/stockchase.com\/BTO-T\">B2Gold<\/a> 4.2% and <a href=\"https:\/\/stockchase.com\/BHC-T\">Bausch Health<\/a> 4.65%. The price of silver slipped 0.2% to US$68.70, gold added US$45 to US$4,648 and WTI fell 2.5% to US$84.90.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In contrast, American markets endured a weak session with the Dow gaining 0.26%, but the S&amp;P declining\u00a00.28% and the Nasdaq sliding 0.76%. Tech, particularly memory stocks, were hit the most: <a href=\"https:\/\/stockchase.com\/STX-Q\">Seagate<\/a> -6.51%, <a href=\"https:\/\/stockchase.com\/NVDA-Q\">Nvidia<\/a> -2.91% and <a href=\"https:\/\/stockchase.com\/TSLA-Q\">Tesla<\/a> -3.83%. Meanwhile, <a href=\"https:\/\/stockchase.com\/EXPE-Q\">Expedia<\/a> rallied 5.44% and <a href=\"https:\/\/stockchase.com\/DLTR-Q\">Dollar Tree<\/a> jumped 4.01%. <a href=\"https:\/\/stockchase.com\/CRYPTO:BTC\">Bitcoin<\/a> continued its comeback by adding 2% to US$78,965. The U.S. 10-year yield slipped modestly to 4.7%.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&#x2699; <a href=\"https:\/\/stockchase.com\/MG-T\">Magna Int&#8217;l. (A) (MG.TO)<\/a> -6.56%<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&#x2699; <a href=\"https:\/\/stockchase.com\/LNR-T\">Linamar Corp (LNR.TO)<\/a> -8.61%<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&#x1f947; <a href=\"https:\/\/stockchase.com\/ABX-N\">Barrick Gold Corp (ABX)<\/a> +1.63%<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&#x1f947; <a href=\"https:\/\/stockchase.com\/BTO-T\">B2Gold Corp. (BTO.TO)<\/a> +4.2%<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&#x1f468;&#x200d;&#x2695;&#xfe0f; <a href=\"https:\/\/stockchase.com\/BHC-T\">Bausch Health Companies Inc. (BHC.TO)<\/a> +4.65%<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&#x1f4be; <a href=\"https:\/\/stockchase.com\/STX-Q\">Seagate Technology (STX)<\/a> -6.51%<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&#x1f4be; <a href=\"https:\/\/stockchase.com\/NVDA-Q\">NVIDIA Corporation (NVDA)<\/a> -2.91%<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&#x1f697; <a href=\"https:\/\/stockchase.com\/TSLA-Q\">Tesla Inc (TSLA)<\/a> -3.83%<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&#x2708; <a href=\"https:\/\/stockchase.com\/EXPE-Q\">Expedia (EXPE)<\/a> +5.44%<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&#x1f6d2; <a href=\"https:\/\/stockchase.com\/DLTR-Q\">Dollar Tree (DLTR)<\/a> +4.01%<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&#x1f171; <a href=\"https:\/\/stockchase.com\/CRYPTO:BTC\">Bitcoin (BTCUSD) (BTC-USD)<\/a> +2%<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Trade talks collapsed over the weekend and Trump slapped Canada with 50% tariffs yet again. Prime Minister Carney vowed to reciprocate against U.S. goods while Ontario Premier, Doug Ford, blasted Trump as \u201cthe king of bankruptcies&#8221;. One of Trump&#8217;s targets [&hellip;]<\/p>\n","protected":false},"author":9,"featured_media":343920,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"cwp_meta_box_check":"No","cwp_rev_product_name":"","cwp_rev_product_image":"","wppr_links":[],"cwp_rev_price":"","wppr_options":[],"wppr_pros":[],"wppr_cons":[],"footnotes":""},"categories":[178],"tags":[],"class_list":["post-345361","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-daily"],"wppr_data":{"cwp_meta_box_check":"No"},"_links":{"self":[{"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/345361","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/comments?post=345361"}],"version-history":[{"count":1,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/345361\/revisions"}],"predecessor-version":[{"id":345362,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/345361\/revisions\/345362"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/media\/343920"}],"wp:attachment":[{"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/media?parent=345361"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=345361"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=345361"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}