Canada swiftly responded with retaliatory tariffs of 25 per cent, while Mexican plans respond to U.S. tariffs on Sunday
Category: Economy
Posted inThe Interview
Q&A with star economist Trevor Tombe on dealing with a trade war
One of Canada’s leading economic policy voices sheds light on the challenges facing Canada — both foreign and domestic
Posted inEconomy
Macron says EU plans ‘reciprocal’ tariffs on U.S. steel, aluminium
EU will respond to U.S. tariffs ‘because we must protect ourselves, defend ourselves’ said French President Macron
Posted inPolitics & Policy
U.S. Treasury chief pushes Canada, Mexico to match tariffs on China
Prime Minister Justin Trudeau has said that officials are working around the clock to avert U.S. levies but would react if levies were imposed
Posted inPolitics & Policy
Trump says Canada, Mexico tariffs moving ‘forward’ on schedule
Foreign Minister Melanie Joly said to reporters Monday that ‘the threat of tariffs is a real one, and may continue for a while’
Posted inEconomy
U.S. Fed’s inflation fight at risk of stalling: official
The U.S. Fed’s recently paused rate cuts as it contends with an uptick in inflation and uncertainty about future economic policy under Trump
Posted inPolitics & Policy
U.S. tariffs threat a ‘shock’ to Canadian businesses
U.S. tariff threat ‘was an absolute shock’ said vice president of the Canadian Chamber of Commerce. ‘We can’t trust this partnership anymore’
Posted inEnergy & Environment
Energy prices push up Canada January inflation to 1.9%
Canada’s inflation rose 0.1 per cent to 1.9 per cent in January, led by higher gasoline and natural gas prices: Statistics Canada
Posted inPolitics & Policy
Countries with big U.S. trade surplus in eye of tariff storm
Some top 10 trade surplus nations with the U.S. includes China, the EU, Mexico and Vietnam, with Canada in eighth place
Posted inEconomy
Australia says no plan to retaliate on U.S. steel tariffs
‘Our priority is to try and get an exemption on behalf of our [steel] industries and our workers,’ said Australia’s Treasurer