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Schwab Network

Futures Fade, Canada Tariff Hike, Bitcoin Busting Out

6 min11 juli 2025

It's Friday on Wall Street and J.D. Durkin joins Morning Movers with more tariff news, Bitcoin (/BTC) at new all-time highs and equity futures trying to make sense of it all. President Trump announced 35% tariffs on Canada which would begin on August 1st a day after reports that the pharma space could see 200% hikes on its industry. J.D. and Diane later discuss the overnight leap in Bitcoin prices as the cryptocurrency has now risen more than 140% from its 52-week lows.


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