On February 4, Canadian Prime Minister Justin Trudeau posted on social media that Canada has reached an agreement with US President Trump to suspend tariffs on Canada for 30 days. Trudeau said Canada has agreed to deploy 10,000 frontline personnel at the border, will appoint a fentanyl czar, designate drug cartels as terrorists, and establish a joint Canada-US strike force to fight organized crime, fentanyl and money laundering.
The Atlanta Fed's GDPNow model projects U.S. GDP growth of 3.9% in the fourth quarter, compared with a previous estimate of 2.9%.
President Trump has signed an executive order to establish a sovereign wealth fund.
On February 3, local time, CCTV reporters learned that US Secretary of State Rubio called him the acting administrator of the US Agency for International Development (USAID). Rubio also said on the same day that the United States does not want to establish hostile or negative relations with Panama.
President Trump has signed an executive order to establish a sovereign wealth fund.
White House: US President Donald Trump has tasked Musk with overseeing the effectiveness of USAID.
The ISM manufacturing PMI for the United States in January was 50.9, expected to be 49.8, and the previous value was 49.3.
The monthly rate of construction spending in the United States in December was 0.5%, and the previous value was revised from 0.00% to 0.2%.
The ISM manufacturing index for the United States in January entered expansion territory for the first time since October 2022.
Mexican President Shinbaum: US tariffs will be delayed by one month.
On February 3rd, Mexican President Shinbaum previously said that good talks with Trump had resulted in some agreements, and the implementation of US tariffs would be delayed by one month. Affected by the news, market optimism has increased, and the three major US stock indexes have narrowed their losses. The Dow fell to 0.5% and the Nasdaq fell to 1.3%. The Mexican peso erased losses against the dollar. Spot gold fell about $15 from its daily high.
Mexican President Shinbaum has proposed to US President Donald Trump to suspend tariffs.
WLFI, the Trump family crypto project, issued a statement clarifying that the recent transfer of crypto assets is a routine financial management behavior. The project party said that the transfer of funds is mainly used to cover operating expenses, daily expenses and replenish liquidity, emphasizing that this is a standard financial management practice, not a token sale. WLFI emphasized that such asset reallocation is aimed at maintaining a stable and efficient financial system, calling on the m...
On February 3rd, according to the statistics of the National Film Administration, as of 18:30 on February 3rd, the box office of the Spring Festival film in 2025 reached 8.257 billion, setting a new historical record.
U.S. President Donald Trump plans to speak by phone with Canada and Mexico on Monday, which could calm market concerns about tariffs, XTB's Kathleen Brooks said in a note. "[The calls] could give some hope for a deal, if not now, in the future," Brooks said. The prospect of a call could keep traders optimistic, she said. The Canadian dollar and Mexican peso remain weak, but have moved from earlier multi-year lows...