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Trump Media expands to Canada and Mexico as tariff chaos engulfs world markets, stock rises 3.2%

Trump Media expands to Canada and Mexico as tariff chaos engulfs world markets, stock rises 3.2%
File photo: US President Donald Trump (Picture credit: AP)
Trump Media & Technology Group (TMTG), the company behind US President Donald Trump’s Truth Social platform, has officially launched its mobile and streaming services, Truth Social and Truth+ TV, in Canada and Mexico, marking its first major international expansion.
According to Forbes, TMTG CEO Devin Nunes announced on Wednesday that the apps are now available for download across iOS and Android devices, as well as streaming services like Roku, Apple TV, Android TV and Amazon Fire.
“Truth Social and Truth+ are now fully open for business in Canada and Mexico,” Nunes said in a statement, adding that the platforms offer “a refuge from Big Tech corporations, monotonous news channels, and woke TV shows and movies”, reported Baystreet.ca.
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Should other countries follow Canada and Mexico in adopting platforms like Truth Social?

This move comes as Trump pushes ahead with sweeping tariffs on more than 60 countries, part of what he branded the “Liberation Day” trade agenda. Although Canada and Mexico were not on that initial list, both neighbours had already been hit in February with a 25% tariff on goods not protected under the US-Mexico-Canada trade agreement (USMCA).
Despite the economic uncertainty sparked by his tariff policy, which triggered a global sell-off in markets and warnings of recession, Trump Media’s stock (DJT) jumped 15% on Wednesday afternoon after the US President announced a 90-day pause on tariffs for some countries willing to negotiate.
The stock ended the day up 3.2%, closing at $17.20, as per Baystreet.ca.
TMTG, formed in 2021 after Trump was banned from major social media platforms following the January 6 Capitol riot, is now Trump’s most valuable asset. He retains a roughly $2 billion stake in the company, according to Forbes, which estimates Trump’s total net worth at $4.1 billion, down by over $500 million since the tariffs were first announced.
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