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The Bank of Canada held its benchmark interest rate at 2.75% as tariff uncertainty lingers, including President Donald Trump's latest increase to steel and aluminum tariffs.
(Reuters) -U.S. economic activity has declined and higher tariff rates have put upward pressure on costs and prices in the ...
Nonpartisan Congressional Budget Office estimates that Trump’s tariffs would shrink the economy and add to inflation while reducing the federal deficit by $2.8 trillion.
Canada’s Mark Carney calls the 50-percent tariff increase ‘illegal’, while Mexico’s Sheinbaum weighs countermeasures.