Trump mulls tariffs on EU, warns Canada, Mexico over trade imbalances
US President Donald Trump announced Sunday that his administration is considering imposing tariffs on the European Union and warned Canada and Mexico over trade imbalances and immigration policies. Speaking to reporters at Joint Base Andrews in Maryland, Trump criticized longstanding trade practices and vowed to take action to protect US interests.
Along with $2 trillion in U.S. exports and $3 trillion in imports, the U.S. trade deficit with the world topped $1 trillion ...
The U.S. trade deficit hit near-record levels in late 2024 as America's trading partners prepare to navigate Trump's tariffs.
Sources said President Trump was singling out Ottawa’s tougher approach to regulating its banking and financial sector.
The US administration has de facto scrapped the USMCA agreement that President Donald Trump himself had negotiated in 2019, ...
The Bank of Canada today reduced its target for the overnight rate to 3%, with the Bank Rate at 3.25% and the deposit rate at ...
Here’s the Bank of Canada’s official statement for its rate decision: ...
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