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Trump To introduce 25% tariff on Mexico and Canada
Trump threat: Tariffs on China, Canada and Mexico; Mexico warns on inflation and jobs
The dollar rose against major peers after Donald Trump threatened Canada and Mexico with a 25% tariff on all imports into the United States. Stocks were weak after strong gains globally in the previous session following hedge fund investor Scott Bessent being nominated as Treasury Secretary.
Trump ups the ante on tariffs, vowing massive taxes on goods from Mexico, Canada and China on Day 1
President-elect Donald Trump on Monday promised massive hikes in tariffs on goods coming from Mexico, Canada and China starting on the first day of his administration, a policy that could sharply increase costs for American businesses and consumers.
Trump's proposed tariff increases would boost inflation by nearly 1%, Goldman Sachs estimates
The proposed tariffs on China, Canada and Mexico could raise prices for United States consumers, according to Goldman.
4h
on MSN
Bank of Canada says inflation will fade into background as it settles at 2%
The Bank of Canada on Tuesday said inflation, which has been the center of attention and unhappiness for years amid rising prices, should fade into the background again as the annual rate settled back ...
4h
Deflation No Cure for Affordability Crisis, Bank of Canada Says
A Bank of Canada official said policymakers aim to keep inflation near their 2% target, and pushed back on the idea that ...
6d
Canada Inflation Edges Up to 2% in October
The slight acceleration in prices—still within the Bank of Canada’s target range—diminishes the chance of another jumbo ...
3h
on MSN
Bank of Canada says Trump's proposed tariffs would impact both economies
The Bank of Canada said on Tuesday that if U.S. President-elect Donald Trump follows through on his threat of tariffs on ...
6d
October inflation a 'disappointment' for the Bank of Canada ahead of December rate decision
On Tuesday, Statistics Canada said the Consumer Price Index (CPI) accelerated to two per cent, from a 1.6 per cent annual ...
9h
Bank of Canada says inflation will fade into background as it settles back at 2%
Bank of Canada deputy governor Rhys Mendes said this should allow consumers and businesses to spend and invest with ...
7d
Canada's inflation rate jumps back to 2%, curbing large rate-cut bets
Canada's annual inflation rate rose more than expected to 2.0% in October as gas prices fell less than the previous month, ...
3h
on MSN
Bank of Canada deputy warns pushing inflation below 2% comes with major risks
Mendes says in order for inflation to remain below two per cent, the central bank would have to keep the policy rate where it ...
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