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Why Trump’s newly announced tariffs aren’t a done deal
On Thursday, Donald Trump announced sweeping new tariffs against U.S. trading partners that will go into effect next week. The announcement came on the same day that an appeals court grappled with the question of whether Trump’s tariffs are even legal.
The Bank of Canada will hold interest rates at 2.75% on Wednesday as policymakers await further news on an economy that grew faster than expected last quarter, with at least two more cuts likely ...
As expected, the U.S. stock markets opened on Monday morning to falling rates after President Donald Trump imposed sweeping tariffs on the U.S.’s largest trading partners: Canada and Mexico.
U.S. futures fell after Trump's Thursday announcement of tariff rates of up to 41 per cent for imports from dozens of countries around the world, set to take effect on Aug. 7. The White House said the ...
Two-thirds of economists, 19 of 29, in a Oct. 15-17 Reuters poll forecast the Bank would cut rates by one half-percentage point to 3.75%. One expected a 50 basis point cut in an August survey.
Since July 7, Trump has been sending out new tariff rates for countries across the globe, including major trading partners ...
The principles focus on countries with flexible exchange rates. Most advanced economies have fully flexible exchange rates, known as free-floating. Some, like Canada, the United Kingdom, and ...
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