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Canada, Tariffs

Hosted on MSN · 1d

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.

Retail Insider · 7h

Canada Faces Trade Shock as Trump Tariffs Threaten CUSMA

New U.S. tariffs on Canadian exports threaten CUSMA, forcing Canada to rethink trade strategies amid rising protectionism.

BBC on MSN · 40m

US commerce nominee says Canada and Mexico can avoid tariffs

President Donald Trump's pick to lead the Commerce Department has told US lawmakers that Canada and Mexico can avoid blanket tariffs if they close their borders to fentanyl. "As far as I know, they are acting swiftly, and if they execute it, there will be no tariff," Howard Lutnick said on Wednesday during a confirmation hearing before senators.

Bank of Canada cuts rates

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.

Global News · 5h

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.

Reuters on MSN · 9h

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.

27m

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 ...

29mon MSN

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 ...

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 ...

6don MSN

Fact check: Trump makes false claims about trade with Canada and Europe in remarks to Davos

President Donald Trump repeated false claims about the US trade relationship with Canada and Europe in virtual Thursday ...

2d

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 ...

19hon MSN

Ex-Finance Minister Chrystia Freeland’s Vision for Canada in the Trump Era

Chrystia Freeland sent shockwaves through Canada when she resigned as Prime Minister Justin Trudeau’s Finance Minister in ...

2don MSN

Mike Johnson doubts there will be ‘across-the-board tariffs’ as Trump’s trade ultimatum to Mexico, Canada looms

I think he’s going to be wise in how he does that,’ the House speaker said Monday of Trump’s warnings to America’s neighbors.

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