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At a Glance ///
The Canadian stock market was also helped by the increase in the oil price, which has been rising fairly steadily since last year.
The United States adopted new trade barriers, placing tariffs of 25% on steel imports and 10% on aluminum imports from Canada, Mexico and the European Union.
Emerging markets turned in a disappointing performance in the second quarter. China was also affected by the tariff war being waged by the United States, notably as a result of taxes on commodities.
The start of the quarter was affected by a multitude of economic data indicating that growth would continue. Even so, this positive news was partially offset by the increasing likelihood that no NAFTA agreement would be reached by year-end.