Trade-policy crosscurrents
Canada stepped back from a China trade agreement after a threatened 100% U.S. tariff, while an India-EU agreement could lower Indian tariffs on imported European cars from 110% to 40% and eventually 10%.
Jan 25, 2026 · QQQ/SPY Market Review · 12 headlines
U.S. markets were closed, leaving QQQ and SPY at Friday's closing levels. Sunday's news included Canada's decision not to pursue a China trade deal after a threatened 100% U.S. tariff, a possible reduction in Indian tariffs on EU car imports, strong DRAM pricing signals, and reports involving Apple's Siri rollout and chip supply chain.
Published
Canada stepped back from a China trade agreement after a threatened 100% U.S. tariff, while an India-EU agreement could lower Indian tariffs on imported European cars from 110% to 40% and eventually 10%.
Goldman's channel survey pointed to strong near-term DRAM contract-price increases, Samsung reportedly planned February HBM4 production and supply to Nvidia, and Apple was reported to be considering Intel for iPhone chip manufacturing.
Apple reportedly planned to demonstrate its Gemini-powered Siri in the second half of February before an expected release in March or early April.
The U.S. administration was reported to be planning a $1.6 billion investment in USA Rare Earth to secure essential mineral supplies.
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