Trending News:S&P 500 rises as index heads for winning week: Live updatesEuropean markets close Friday’s session in positive territorySK Hynix opens at $170 on Nasdaq. The ‘demand is enormous’S&P 500 closes higher as chip stocks rise and oil prices slideMeet SK Hynix, the trillion-dollar South Korean chipmaker debuting on U.S. marketsInside NATO’s extraordinary 48 hours that revealed Trump’s grip on global diplomacyDow Jones tumbles 700 points as U.S. oil tops $75 with Trump saying attacks on Iran to continueTrump says Iran ceasefire is ‘over,’ U.S. will ‘hit them hard tonight’Trump pours cold water on NATO allies’ united frontThe Dow Jones turns red as chip stocks tumble, oil prices gainTrump arrives in Turkey as NATO is strained by Russian attacks, U.S. impatienceNasdaq jumps to start new week led by chip stocks, Dow briefly tops 53,000 for first timeGold slips from two-week high on firmer dollar; Fed minutes in focusTreasury yields are little changed as investors look ahead to FOMC meeting minutesSpaceX may emerge as ultimate blueprint for new wave of mega-cap IPOsGlobal stock markets close higher as Europe’s benchmark hits 52-week highGold rises; on track for first weekly gain in 5 weeksKuaishou shares jump after Tencent joins $2.8 billion raise for Kling AI subsidiaryStocks gain as weak jobs report eases Fed rate hike expectations: Live updatesDow rises to fresh record to start July; Nasdaq struggles as chipmakers declineNasdaq drops to start July as investors dump chip stocks after blockbuster first halfAsia-Pacific markets close mixed, breaking ranks with Wall StreetGold on track for worst quarter in 13 yearsMag 7 value shrinks by $2.3 trillion amid AI spending jitters — but investors back chipmakersS&P 500 rises as U.S.-Iran agree to halt hostilities, gain restrained by selling in chip stocksTrump says U.S. and Iran to hold fresh talks in Qatar on Tuesday following weekend clashesComcast jumps 9% after announcing it will spin off NBCUniversal and Sky from cable businessSpaceX will join Nasdaq-100Nasdaq Composite posts fifth losing session Friday as chip stocks tumbleS&P 500 heads for losing week, chip stocks add to their losses on FridayON Semi tanks 20% following Synaptics deal as CEO defends core businessMicron stock jumps over 16% in premarket trading after blockbuster earningsGold hovers around $4,000, silver holds below $60 — has the shimmer worn off the metal rally?Europe’s defense stocks are sliding again. Here’s what’s worrying investorsCerebras falls sharply after its first earnings report as public companyStocks rebound from Fed sell-off as chipmakers rallyEuropean stocks finish lower, snapping 5-day win streakTrump Warns U.S. Could Resume Iran Strikes If Peace Deal Fails as G7 Talks IntensifyDow climbs above 52,000 for first time as oil prices fallBrent falls below $80 per barrel on report U.S. will allow Iran to sell oil immediatelySpaceX rises 4% to leapfrog Amazon in market cap, closes short of MicrosoftDow climbs more than 450 points for record close as oil tumbles on potential Iran dealSpaceX stock gains 19% in first full day of trading after record debutU.S.-Iran deal explained: What we knowSpaceX IPO live updates: SPCX pops 30% after biggest IPO everTesla shares decline as investors’ focus shifts to SpaceX debutDow futures rebound by 300 points as chip stocks bounce, oil prices easeEuropean shares open higher; energy stocks jumpAsia-Pacific markets close mixed as Middle East tensions riseDow drops 650 points to session lows as Trump doubles down on Iran threatStocks tumble, with Nasdaq shedding 3% as chip comeback fizzles: Live updatesEuropean markets close lower after oil prices slideAsia markets close mostly higher; South Korea’s Kospi pops 8%European tech stocks extend sell-off as regional indices open in the redAsia-Pacific markets close in the red with South Korean stocks sinking 8%Corning shares gain after Amazon AI data center deal announcementInside the Obama-era Iran nuclear deal that Trump withdrew fromNasdaq falls 4% and suffers worst day since April 2025 as traders flee chip stocksS&P 500 futures tick lower as Wall Street awaits May jobs reportDow surges nearly 900 points for record close as investors rotate away from tech namesS&P 500 rises to record to start June, dominated by tech as oil spike hits rest of market24 stocks in the S&P 500 trade at new 52-week highsAnthropic confidentially files for IPOTrump Says He ‘Couldn’t Care Less’ if Iran Peace Talks Collapse as Strait of Hormuz Tensions EscalateStock futures are flat in overnight trading as June trading begins near record highsShangri-La Dialogue 2026: Defense Spending, China-Taiwan Tensions and Ukraine War Lessons Dominate Singapore SummitStocks close at record highs with tech leading the way again. Nasdaq gains 8% in MayEuropean stocks end higher as investors mull potential Iran ceasefire extensionGap shares tumble 13% as retailer cuts sales guidance after disappointing Old Navy performanceDow Jones rises 200 points to record as oil declines, but a pause in the chip rally weighs on the S&P 500Taiwan chip stocks climb after Nvidia announces $150 billion spending plansDulux maker’s stock soars 20% after takeover bid from major rival; oil holds below $100S&P 500, Nasdaq catapulted to new highs by Micron and tech as traders monitor shaky Iran negotiationsEuropean stocks edge lower amid U.S-Iran peace talks uncertaintyBP shares fall after board removes chairman Albert Manifold over ‘serious’ conduct concernsUS Conducts Self-Defense Strikes in Iran as Ceasefire Talks Continue and Hormuz Tensions PersistEuropean stocks highest since March 2 as U.S.-Iran talks continue; euro zone bond yields dropDelivery Hero shares rise 10% as rival Uber mulls another takeover bidTaiwan and China Coast Guards Face Escalating Standoff Near Pratas Islands Amid South China Sea TensionsSuspect Dead After Opening Fire at White House Security Checkpoint in Third Nearby Shooting in a MonthRussia Launches Massive Kyiv Attack With Rare Oreshnik Missile in One of War’s Largest BarragesTrump Says Iran Peace Deal Is ‘Largely Negotiated’ as Strait of Hormuz Reopening Moves CloserStocks rally back as rate and oil fears ease. Dow jumps more than 600 pointsU.S. stocks slide under pressure from higher rates, Nasdaq drop led by chip stocksEuropean markets: UK unemployment rises; Germany kicks off Uniper privatizationPutin Heads to China Seeking Trade, Energy and Strategic Wins in Xi SummitS&P 500 futures are little changed after tech-driven rally leads index to new recordAsia-Pacific stocks trade mixed as Trump lands in Beijing for high-stakes Xi meetingTrump Arrives in Beijing for High-Stakes Summit With Xi Jinping Amid Trade and AI TensionsCambridge Shooting Video Shows Gunman Firing at Cars Before Police Shoot SuspectCDC Director Jay Bhattacharya Defends U.S. Response to Hantavirus Outbreak Linked to Cruise ShipStock futures are little changed as traders await inflation reading, monitor Iran war developmentsTrump Backs Federal Gas Tax Suspension as Iran War Sends U.S. Fuel Prices SoaringKeir Starmer Vows to Stay as U.K. Prime Minister After Labour Suffers Crushing Local Election LossesThe S&P 500 closes at another record, notches longest weekly winning streak since 2024European stocks close lower with Trump’s EU tariff threatsMarco Rubio Says U.S. Awaits Iran Response on War Proposal as Strait of Hormuz Tensions EscalateS&P 500 retreats from record highs, hurt by a turn higher in oil pricesHawkEye shares surge in debutNorway’s central bank raises interest rates to curb inflation; European stocks end lower
Trending News:S&P 500 rises as index heads for winning week: Live updatesEuropean markets close Friday’s session in positive territorySK Hynix opens at $170 on Nasdaq. The ‘demand is enormous’S&P 500 closes higher as chip stocks rise and oil prices slideMeet SK Hynix, the trillion-dollar South Korean chipmaker debuting on U.S. marketsInside NATO’s extraordinary 48 hours that revealed Trump’s grip on global diplomacyDow Jones tumbles 700 points as U.S. oil tops $75 with Trump saying attacks on Iran to continueTrump says Iran ceasefire is ‘over,’ U.S. will ‘hit them hard tonight’Trump pours cold water on NATO allies’ united frontThe Dow Jones turns red as chip stocks tumble, oil prices gainTrump arrives in Turkey as NATO is strained by Russian attacks, U.S. impatienceNasdaq jumps to start new week led by chip stocks, Dow briefly tops 53,000 for first timeGold slips from two-week high on firmer dollar; Fed minutes in focusTreasury yields are little changed as investors look ahead to FOMC meeting minutesSpaceX may emerge as ultimate blueprint for new wave of mega-cap IPOsGlobal stock markets close higher as Europe’s benchmark hits 52-week highGold rises; on track for first weekly gain in 5 weeksKuaishou shares jump after Tencent joins $2.8 billion raise for Kling AI subsidiaryStocks gain as weak jobs report eases Fed rate hike expectations: Live updatesDow rises to fresh record to start July; Nasdaq struggles as chipmakers declineNasdaq drops to start July as investors dump chip stocks after blockbuster first halfAsia-Pacific markets close mixed, breaking ranks with Wall StreetGold on track for worst quarter in 13 yearsMag 7 value shrinks by $2.3 trillion amid AI spending jitters — but investors back chipmakersS&P 500 rises as U.S.-Iran agree to halt hostilities, gain restrained by selling in chip stocksTrump says U.S. and Iran to hold fresh talks in Qatar on Tuesday following weekend clashesComcast jumps 9% after announcing it will spin off NBCUniversal and Sky from cable businessSpaceX will join Nasdaq-100Nasdaq Composite posts fifth losing session Friday as chip stocks tumbleS&P 500 heads for losing week, chip stocks add to their losses on FridayON Semi tanks 20% following Synaptics deal as CEO defends core businessMicron stock jumps over 16% in premarket trading after blockbuster earningsGold hovers around $4,000, silver holds below $60 — has the shimmer worn off the metal rally?Europe’s defense stocks are sliding again. Here’s what’s worrying investorsCerebras falls sharply after its first earnings report as public companyStocks rebound from Fed sell-off as chipmakers rallyEuropean stocks finish lower, snapping 5-day win streakTrump Warns U.S. Could Resume Iran Strikes If Peace Deal Fails as G7 Talks IntensifyDow climbs above 52,000 for first time as oil prices fallBrent falls below $80 per barrel on report U.S. will allow Iran to sell oil immediatelySpaceX rises 4% to leapfrog Amazon in market cap, closes short of MicrosoftDow climbs more than 450 points for record close as oil tumbles on potential Iran dealSpaceX stock gains 19% in first full day of trading after record debutU.S.-Iran deal explained: What we knowSpaceX IPO live updates: SPCX pops 30% after biggest IPO everTesla shares decline as investors’ focus shifts to SpaceX debutDow futures rebound by 300 points as chip stocks bounce, oil prices easeEuropean shares open higher; energy stocks jumpAsia-Pacific markets close mixed as Middle East tensions riseDow drops 650 points to session lows as Trump doubles down on Iran threatStocks tumble, with Nasdaq shedding 3% as chip comeback fizzles: Live updatesEuropean markets close lower after oil prices slideAsia markets close mostly higher; South Korea’s Kospi pops 8%European tech stocks extend sell-off as regional indices open in the redAsia-Pacific markets close in the red with South Korean stocks sinking 8%Corning shares gain after Amazon AI data center deal announcementInside the Obama-era Iran nuclear deal that Trump withdrew fromNasdaq falls 4% and suffers worst day since April 2025 as traders flee chip stocksS&P 500 futures tick lower as Wall Street awaits May jobs reportDow surges nearly 900 points for record close as investors rotate away from tech namesS&P 500 rises to record to start June, dominated by tech as oil spike hits rest of market24 stocks in the S&P 500 trade at new 52-week highsAnthropic confidentially files for IPOTrump Says He ‘Couldn’t Care Less’ if Iran Peace Talks Collapse as Strait of Hormuz Tensions EscalateStock futures are flat in overnight trading as June trading begins near record highsShangri-La Dialogue 2026: Defense Spending, China-Taiwan Tensions and Ukraine War Lessons Dominate Singapore SummitStocks close at record highs with tech leading the way again. Nasdaq gains 8% in MayEuropean stocks end higher as investors mull potential Iran ceasefire extensionGap shares tumble 13% as retailer cuts sales guidance after disappointing Old Navy performanceDow Jones rises 200 points to record as oil declines, but a pause in the chip rally weighs on the S&P 500Taiwan chip stocks climb after Nvidia announces $150 billion spending plansDulux maker’s stock soars 20% after takeover bid from major rival; oil holds below $100S&P 500, Nasdaq catapulted to new highs by Micron and tech as traders monitor shaky Iran negotiationsEuropean stocks edge lower amid U.S-Iran peace talks uncertaintyBP shares fall after board removes chairman Albert Manifold over ‘serious’ conduct concernsUS Conducts Self-Defense Strikes in Iran as Ceasefire Talks Continue and Hormuz Tensions PersistEuropean stocks highest since March 2 as U.S.-Iran talks continue; euro zone bond yields dropDelivery Hero shares rise 10% as rival Uber mulls another takeover bidTaiwan and China Coast Guards Face Escalating Standoff Near Pratas Islands Amid South China Sea TensionsSuspect Dead After Opening Fire at White House Security Checkpoint in Third Nearby Shooting in a MonthRussia Launches Massive Kyiv Attack With Rare Oreshnik Missile in One of War’s Largest BarragesTrump Says Iran Peace Deal Is ‘Largely Negotiated’ as Strait of Hormuz Reopening Moves CloserStocks rally back as rate and oil fears ease. Dow jumps more than 600 pointsU.S. stocks slide under pressure from higher rates, Nasdaq drop led by chip stocksEuropean markets: UK unemployment rises; Germany kicks off Uniper privatizationPutin Heads to China Seeking Trade, Energy and Strategic Wins in Xi SummitS&P 500 futures are little changed after tech-driven rally leads index to new recordAsia-Pacific stocks trade mixed as Trump lands in Beijing for high-stakes Xi meetingTrump Arrives in Beijing for High-Stakes Summit With Xi Jinping Amid Trade and AI TensionsCambridge Shooting Video Shows Gunman Firing at Cars Before Police Shoot SuspectCDC Director Jay Bhattacharya Defends U.S. Response to Hantavirus Outbreak Linked to Cruise ShipStock futures are little changed as traders await inflation reading, monitor Iran war developmentsTrump Backs Federal Gas Tax Suspension as Iran War Sends U.S. Fuel Prices SoaringKeir Starmer Vows to Stay as U.K. Prime Minister After Labour Suffers Crushing Local Election LossesThe S&P 500 closes at another record, notches longest weekly winning streak since 2024European stocks close lower with Trump’s EU tariff threatsMarco Rubio Says U.S. Awaits Iran Response on War Proposal as Strait of Hormuz Tensions EscalateS&P 500 retreats from record highs, hurt by a turn higher in oil pricesHawkEye shares surge in debutNorway’s central bank raises interest rates to curb inflation; European stocks end lower
preCharge News POLITICS — Canadian Prime Minister Mark Carney issued a sharp rebuke to President Donald Trump’s revived proposal to incorporate Canada into the United States as its 51st state, flatly rejecting the idea during a tense but cordial meeting in the Oval Office.
“There are some places that are never for sale,” Carney said directly to Trump, adding moments later: “Canada is not for sale—and won’t be for sale ever.”
Trump, never one to shy from provocation, replied with a smirk:
“Never say never.”
President Donald Trump meets Canadian Prime Minister Mark Carney in the Oval Office of the White House in Washington. (Evan Vucci AP)
The exchange came during Carney’s first official visit to the White House as prime minister, and highlighted a deepening ideological rift between the U.S. and its northern neighbor, one worsened by Trump’s economic nationalism and political expansionism.
Trump Tests Boundaries—And Alliances
Trump’s renewed suggestion that Canada should join the U.S. as a state drew swift condemnation from Canadian officials and rekindled memories of his combative relationship with former Prime Minister Justin Trudeau. Carney, a centrist and former central banker, was elected just last week, in a vote many interpreted as a rejection of Trump’s interference in Canadian affairs.
In public remarks before their bilateral meeting, Carney doubled down.
“Respectfully, Canadians’ view on this is not going to change on the 51st state,” he said.
Trump post on Truth Social.
The brief confrontation came amid broader frustrations over trade. Trump, speaking to reporters and in multiple posts on his Truth Social platform, accused Canada of taking advantage of American taxpayers.
“I cannot understand why we are subsidizing Canada by $200 billion a year, in addition to giving them FREE military protection,” Trump posted hours before the meeting. “They need EVERYTHING from us. We don’t need ANYTHING they have, other than their friendship.”
Carney Pushes Back on Economic Claims
Carney, measured in tone but firm in message, resisted Trump’s economic pressure, instead framing Canada’s position as both economically vital and sovereign.
Behind the scenes, Trump aides have privately admitted the $200 billion figure includes military spending and a combined estimate of defense commitments and trade deficits. According to the U.S. Trade Representative’s Office, the actual trade deficit with Canada stood at $63.3 billion last year, with more than $400 billion in Canadian goods imported to the U.S.
Despite Trump’s rhetoric, Carney struck a more diplomatic tone—while still defending Canada’s interests.
Tariffs Bite as Trade Relationship Sours
Since returning to the White House in January, Trump has escalated his use of tariffs—particularly on Canadian energy, lumber, and automotive goods. Those actions have triggered a sharp decline in Canadian exports to the U.S., with March figures showing a 6.6% drop. Meanwhile, exports to other countries soared by nearly 25%, according to Statistics Canada.
“They’ve been feeding off of us for decades,” U.S. Commerce Secretary Howard Lutnick said in an interview with Fox Business, describing Canada’s social programs as “leeching” off American prosperity.
The rhetoric from Trump’s team has pushed Canada to look elsewhere for trade. Carney’s aides said the prime minister plans to deepen ties with Europe and Asia if U.S. relations remain rocky.
Political Fallout and Rising Canadian Pride
Trump’s comments—especially those on absorbing Canada—have backfired politically north of the border. Carney’s victory last week came as a surprise after months of trailing in polls. Analysts say Trump’s harsh tone helped galvanize liberal and centrist voters around a pro-sovereignty message.
“It was a rejection of Trumpism,” said one Canadian strategist who advised Carney’s campaign. “He gave us exactly the contrast we needed.”
Former U.S. Ambassador to Canada Bruce Heyman told preCharge News that the Carney-Trump meeting carried “high stakes,” not just for bilateral ties, but for Trump’s image as a dealmaker.
“Trump wants to walk away saying he can make deals. But when you disrespect your allies, you don’t get deals—you get distance,” Heyman said.
“Time Will Tell,” Trump Says—But So Will Trade
Asked whether Carney’s refusal on statehood made trade negotiations harder, Trump shrugged.
“It’s only time,” he said. “Time will tell.”
But so far, that time appears to be working against him. With rising tariffs, stalled trade talks, and a Canadian leader publicly pushing back, America’s closest northern ally is growing more distant.
And Carney, standing firm on his country’s independence, may have just drawn a line in the sand.