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Mexico, Trump 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.
Reuters on MSN
18h
Bank of Canada says inflation will fade into background as it settles at 2%
OTTAWA, Nov 26 (Reuters) - The Bank of
Canada
on Tuesday said
inflation
, which has been the center of attention and ...
19h
on MSN
Bank of Canada deputy warns pushing inflation below 2% comes with big risks
The Bank of Canada is warning against inflation falling below the central bank’s two per cent target, which could lead to a ...
20h
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 ...
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.
7d
on MSN
Canada’s inflation rate rose to 2 per cent in October
Canada’s inflation rate rose to two per cent in October, up from the 1.6 per cent for September, Statistics Canada said on ...
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 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 ...
Opinion
1h
Opinion
Trump picks inflation: His steep trade tariffs will raise your costs
Donald Trump, who made tariffs one of the main planks of his successful campaign, has now concretized those threats in the form of a proposed 25% blanket tariff on Canada and Mexico, along with a ...
17h
What To Expect From November’s CPI Inflation Report
The November Consumer Price Index report will be released on December 11. A slight increase in headline inflation is expected ...
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
20h
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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