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Trump, Canada

Global News 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.

Bloomberg L.P. · 2d

Crisscross Oil Trade Complicates Trump’s Plans for Canada Tariffs

Welcome to our guide to the energy and commodities powering the global economy. Today, reporter Robert Tuttle looks at the close integration of US-Canadian oil markets and what that means for Donald Trump’s tariff plans.

The lessons for Canada, Mexico, and China from Trump's 10-hour trade war against Colombia

A brief standoff with Colombia holds important lessons for how future trade conflicts might unfold in the new Trump administration.

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.

Hosted on MSN · 41m

Canada central bank cuts key interest rate to 3.0%

The Bank of Canada on Wednesday cut its key lending rate 25 basis points to 3.0 percent, noting that US tariff threats are creating uncertainty for the economy. “The economy is expected to strengthen gradually and inflation to stay close to target (of two percent),

Reuters on MSN · 55m

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.

1d

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 ...

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 ...

23h

David Rosenberg: There are better ways for Canada to fight back than a full-on trade war

Hitting back with tariffs, export taxes or energy shipment blockages will only deepen the recession that is inevitable ...

5don 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 ...

18h

Wisconsin businesses back Trump's China tariffs, but worry about tariffs on Mexico, Canada

The Trump administration could soon implement tariffs on China, Canada and Mexico, impacting the U.S. and Wisconsin's top ...

11d

Canada’s Plan for a Trade War: Pain for Red States and Trump Allies

Canadian officials are preparing retaliatory measures if the new U.S. administration imposes tariffs on Canadian imports.

1h

Live updates: Bank of Canada cuts key interest rate by another 25 basis points, flags tariffs as ‘major source of uncertainty’

The Bank of Canada delivered a 25 basis point cut on Wednesday as inflation remains close to 2 per cent, but the central bank ...

4don MSN

Canada's premiers have wanted to scrap internal trade barriers for years. Why is it hard to do?

Why is it so hard to open up interprovincial trade? CBC's The House talks to experts and former officials about Canada's new ...

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