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GM, Ford Stocks Track Closer to Canadian Dollar as Trade Tension Rises

Over the weekend, President Donald Trump criticized Canadian Prime Minister Justin Trudeau as "dishonest and weak" in a tweet after Trudeau announced Canada's retaliatory tariffs on $12.8 billion worth of U.S. goods. In response, the Trump administration pledged to consider tariffs on imported automobiles in addition to the existing levies on steel and aluminum. "The market has become fatigued now," Timothy Chubb, chief investment officer at Univest Wealth Management Division, tells Barron's in a phone interview.