The U.S. dollar rose against major currencies including the yen and euro as President Donald Trump rekindled trade tensions with new tariffs on Canada and other trading partners.

Canada’s labor market posted a stronger-than-expected performance in June, offering a measure of resilience as geopolitical and trade tensions escalate. The country added 83,000 jobs, driving the employment rate up to 60.

Trump threatens Canada with 35% tariffs starting August 1, causing market volatility and diplomatic tension during ongoing trade negotiations.

Canada’s trade with the United States has tumbled in March, but a surge in exports to other countries have helped make up the downward shift. Exports to the US dropped by 6.6 percent during the ...

The tech-heavy Nasdaq also notched a record finish to help cap Wall Street’s comeback from the tariff-fueled lows of April.