Bank of Canada cuts rates, says tariff war could be very damaging
The Bank of Canada on Wednesday trimmed its key policy rate by 25 basis points to 3%, cut growth forecasts and warned Canadians that a tariff war triggered by the United States could cause major economic damage.
Tariff War Would Push Inflation Higher in Canada, Macklem Says
Bank of Canada Governor Tiff Macklem has managed to wrestle inflation back under control. But a looming US-Canada tariff war now threatens to undo his work on price stability.
Bank of Canada readies for a trade war sparked by possible U.S. tariffs
The Bank of Canada just delivered a quarter-point interest-rate cut that lowers its policy rate to 3%, yet it may be in a bit of a conundrum due to the uncertainty around the timing, scope and duratio
Canada can strike back swiftly if U.S. imposes tariffs, experts say
Canadian international trade lawyers say that if the U.S. follows through on President Donald Trump's threat to impose massive tariffs on Canada as early as Saturday, Ottawa could hit back with retaliatory tariffs almost immediately.
Canada Threatens To Cut Off Electricity To US Due To Potential Tariffs
Douglas McIntyre, Editor-in-Chief at Climate Crisis, discusses Canada’s threat to cut off hydroelectric power to the U.S. in response to potential tariffs from the Trump administration. This could lead to blackouts in the Northeast,
As Trump's tariffs loom, analysts say China is better prepared than ever for a trade war with the U.S.
Trump calls tariffs America's "big power over China," but analysts say Beijing may be better prepared than ever to engage in ...
FACTBOX All of Donald Trump's tariff threats
Upon returning to office, U.S. President Donald Trump has launched numerous tariff threats. They range from broad ones - a ...
Trump’s tariff fixation won’t help Americans
If there is any policy issue on which President Donald Trump has been consistent on, it’s trade. For years, Trump has ...
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Trump's tariff plan could lead the Fed to rethink interest rate strategy
Historically, the Fed has lowered interest rates to counteract trade war disruptions. CHARLOTTE, N.C. — President Donald ...
Bank of Canada's view on tariff impacts reverberates ahead of Fed decision
The Bank of Canada outlined the possible impacts of an all-out trade war with the U.S. on Wednesday, which could end up having ramifications for Federal Reserve officials. One of the BoC's conclusions ...
Trump threatens tariffs on Russia if Putin doesn't 'settle now and stop' Ukraine war
President Donald Trump said Wednesday he would impose high tariffs on Russia if President Vladimir Putin does not bring a ...
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Trudeau threatens tariff war if Trump moves ahead with duty reforms
Canadian Prime Minister Justin Trudeau has warned the US of the possible consequences if President Donald Trump’s sweeping tariff reforms are applied to its North American neighbour. It will be ...
Trump warns Putin he'll be the next tariff target over the Ukraine war, but the US hardly has Russian imports to levy
Trump promised during his campaign that upon his return to the White House, he would swiftly end Russia's invasion of Ukraine ...
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Canada cannot win a tariff war against Trump, former Quebec premier Philippe Couillard says
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