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Canada, Trump
U.S.-Canada trade deficit is highest in 20 years. Does it justify tariffs?
Canada typically sells more goods and services to the United States than it buys, an issue — or non-issue, according to economists — that dates back decades.
Trump Calls Canada a Big Player in the Fentanyl Trade. Is It?
President Trump has threatened to impose tariffs on Canada over drug trafficking, equating it with Mexico. U.S. government reports do not support the claim.
Canada braces for Trump’s tariffs
TORONTO — Roughly $900 billion in annual trade between Canada and the United States — and with it, traditionally chummy bilateral ties — is on the brink of upheaval, with President Donald Trump threatening to impose sweeping tariffs on Canada as early as this weekend.
Bank of Canada cuts rates
Bank of Canada cuts rates as it warns trade war 'would badly hurt economic activity in Canada'
“A long-lasting and broad-based trade conflict would badly hurt economic activity in Canada. At the same time, the higher cost of imported goods will put direct upward pressure on inflation,” Bank of Canada Governor Tiff Macklem said in a prepared opening statement on Wednesday.
Bank of Canada prepares for a trade war
The Bank of Canada has cut the overnight rate by 25bp to 3.0%. Cumulative easing now amounts to 200bp since June. The BoC has also announced an end to its quantitative tightening programme, which had been used to shrink its balance sheet. Instead, it will restart gradual asset purchases so its balance sheet stabilises as a proportion of GDP.
Bank of Canada cuts key rate with ‘trade war storm’ on horizon
The quarter-point reduction marks a step down from the Bank of Canada’s moves to cut by an oversized 50 basis points in its two previous decisions.
2d
Carney Says Canada Can Use Electricity for Leverage If US Starts Trade War
Mark Carney, the former central banker who’s running to lead Canada, said the government should be open to curbing ...
13h
Trump commerce nominee says Canada, Mexico can avoid tariffs, vows stronger China tech curbs
President Donald Trump's nominee to run the Commerce Department, Howard Lutnick, said on Wednesday that Canada and Mexico can ...
15h
Canada, Mexico can avoid tariffs with border action, Trump’s pick for trade czar says
Mr. Trump and the White House have repeatedly said they intend to impose tariffs on Canada and Mexico on Saturday, prompting ...
12h
Canada’s social-democrats advocate “national unity” to wage tariff war on US
The impending Canada-US trade war is a reactionary conflict between rival imperialist powers that will be waged at the ...
12d
Canada’s Plan for a Trade War: Pain for Red States and Trump Allies
Canadian officials are preparing retaliatory measures if the new U.S. administration imposes tariffs on Canadian imports.
3d
Canada December wholesale trade most likely up 0.1% - Statscan flash estimate
Canadian wholesale trade most likely rose 0.1% in December from November, largely driven by higher sales in the motor vehicle ...
20h
on MSN
Trade Uncertainty Weighing on Canadian Dollar, Investment Plans
There are signs in Canada uncertainty over trade and tariffs is weighing on consumer and business confidence and on investment intentions, and the threat of levies has contributed to the recent ...
21h
Live updates: Bank of Canada cuts key interest rate by another 25 basis points, flags tariffs as ‘major source of uncertainty’
The Bank of Canada delivered a 25 basis point cut on Wednesday as inflation remains close to 2 per cent, but the central bank ...
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