Trade hostilities escalated sharply as U.S. President Donald Trump announced a 50 percent tariff starting January 1, 2027, on Canadian cars, trucks, automotive parts, and steel following the collapse of bilateral trade negotiations, prompting Canadian officials to vow dollar-for-dollar retaliatory tariffs effective September 8. In major regulatory enforcement, the Netherlands' data protection authority slapped Uber with a roughly $962 million (€825 million) fine for using fully automated software to deactivate drivers' accounts between 2018 and 2022, while the FTC and five states secured a stipulated order unwinding an antitrust agreement in which Zillow paid Redfin $100 million to exit the internet-listing services market. Concurrently, corporate treasury maneuvers saw Bitcoin holder Strategy raise $2 billion through common stock sales to establish a separate $1.59 billion USD cash pool while bypassing crypto purchases, and Norway pledged $9.1 billion (85 billion Norwegian Kroner) in continued military, financial, and humanitarian aid to Ukraine for the upcoming year.