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Trump to introduce 25% tariff on Mexico and Canada
Trump's tariffs on Mexico, Canada would sharply boost inflation, hurt economy, experts say
President-elect Donald Trump's threatened tariffs on imports from Mexico and Canada would reignite inflation in 2025, hurt the economy, experts say.
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 says he will slap 25% tariffs on Mexico and Canada — sparking a US dollar rally
Markets expect the Fed would need to keep rates higher to counter inflation that could be caused if Trump follows through on his threat.
14h
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 ...
14h
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 ...
13h
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 ...
2d
Trudeau’s temporary GST relief, Canada’s inflation rises and AIMCo’s new board chair: Business and investing stories for Nov. 24
Trudeau’s temporary GST relief, Canada’s inflation rises and AIMCo’s new board chair: Business and investing stories for Nov.
1d
on MSN
Food Inflation in Canada Outpaces Wages, Fuels Worker Angst
Wage gains in Canada are trailing behind rising food prices, a major force driving the labor strife that has upended the ...
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, ...
7d
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 ...
14h
on MSN
Fears of trade wars, volatility, and higher inflation: What analysts are saying about Trump's tariff plans
Donald Trump's plans could spark trade wars, fuel volatility, reignite inflation, and spur a flight to safety in markets, ...
11h
What To Expect From November’s CPI Inflation Report
The Consumer Price Index report for November will be released on December 11. A slight increase in headline inflation is ...
Business Times
1d
Food inflation in Canada outpaces wage gains, fuels worker angst
WAGE gains in Canada are trailing behind rising food prices, a major force driving the labour strife that has upended the ...
Bank of Canada
14h
Sticking the landing: Keeping inflation at 2%
Deputy Governor Rhys Mendes discusses how monetary policy worked to bring inflation back down to target and why the Bank ...
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