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Bank of Canada holds rate

Bank of Canada says US tariffs could trigger deep recession

If U.S. tariffs trigger a global trade war, inflation in Canada would spike and the country would enter a deep recession, according to a Bank of Canada scenario released on Wednesday.

Due on MSN · 16h

Bank of Canada Holds Interest Rates Amidst Uncertainty

The Bank of Canada recently held its interest rate at 2.75% and does not want to change it amidst US tariffs. While this may not seem significant, the bank of Canada has cut interest rates every year for the past seven years.

The Canadian Press on MSN · 1d

Lacking clarity on U.S. trade, Bank of Canada keeps 'powder dry' with rate hold

The Bank of Canada doesn't know quite yet how to navigate monetary policy amid constantly shifting trade turbulence with the United States, so the central bank kept its powder dry with an interest rate hold on Wednesday.

Trump, tariff

The Hill on MSN · 2d

Many Canadians consider US ‘unfriendly’ amid tariff war: Survey

Many Canadians consider their southern neighbor “unfriendly” amid tensions over President Trump’s trade policies, according to a new survey. In the YouGov survey, 44 percent of respondents

Explícame on MSN · 1d

Trump's tariff war will also raise your auto insurance

The ongoing tariff war initiated by President Trump is poised to impact more than just the automotive industry. Discover how these tariffs might affect your insurance costs and what you can do to prepare.

Hindustan Times on MSN · 2d

China to now pay up to 245% tariffs on imports to US: Trump's latest move

The Trump administration has announced a new tariff of up to 245% on Chinese imports, escalating trade tensions

Trump's tariffs will hit U.S. economy

The Conversation on MSN · 8d

Canada was mostly spared from Trump’s reciprocal tariffs, but it must not grow complacent

Canada must stand in solidarity with the international community to exert collective pressure on the U.S. A co-ordinated global response could compel Trump to reconsider his unilateral trade policies.

Daily Journal · 1d

Trump tariffs provoke growing economic uncertainty

Concern over the economic fallout from US President Donald Trump's global tariffs mounted Wednesday, with Fed Chair Jerome Powell's warning of higher inflation sending stock markets tumbling.

The New Voice of Ukraine on M… · 20h

Trump’s tariffs will hit U.S. economy — Fed chair

The administration is implementing major shifts in economic policy, and trade is now at the center of it,” Powell said. “These changes are likely to push us further away from our goals.” He explained that the tariffs announced by Trump turned out to be significantly higher than expected — and the economic fallout will likely be just as steep,

24m

Easing trade barriers to aid Canada more than US tariffs hurt, says Carney

Prime Minister Mark Carney said Thursday eliminating trade barriers within Canada would benefit Canadians far more than US ...

2don MSN

Canada to spare automakers, other sectors from some tariffs on US imports

Canada will allow some relief to domestically-based automakers and manufacturers in specific sectors from counter-tariffs ...

2don MSN

Canada Gives New Lifeline on Trump Tariffs

These supply chain shifts away from the U.S. increase the pressure on Trump's strategy—to use tariffs to draw more investment ...

11d

Canada Drops the Gloves in Tariff Spat, Makes Its Case on U.S. Billboards

The tariffs-are-a-tax messages are targeting residents in places like Pittsburgh that count on Canadian trade.

Honda to relocate Mexico, Canada production to US to get around Trump tariffs - reports

Honda, which has significant operations in Marysville and Ohio, reportedly will boost US vehicle production in response to ...

2don MSN

Chile, Canada and Peru push back against Trump's copper tariff probe

Chile, Canada and Peru - three of the largest copper suppliers to the United States - have told President Donald Trump's ...

Autoblog6d

Canada Introduces 25% Tariff on US Car Imports – But the Impact Isn’t What You’d Expect

Canada, the US’ largest car export market, has enacted a 25% reciprocal tariff on US auto imports in response to the Trump administration’s vehicle tariffs that began on April 3. While ...

18hon MSN

Tariffs threaten entry level-priced car inventory, experts warn

Automotive experts say tariffs could reduce the number of entry level-priced vehicles in the market as dealerships cut back ...

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