Trump Tariff's hurt regional, Canada banks
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Bloomberg |
US-imposed tariffs on Canadian goods and retaliatory measures could negatively impact macroeconomic trends.
SFGate |
China is retaliating in a determined and at times highly detailed manner to U.S. President Donald Trump’s new tariffs, led by a retaliatory 34% tax on all U.S. imports next week.
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A lithium exploration company working in the N.W.T. says getting a mine ready for production could be anywhere from six to eight years away – but already, it's evaluating how it would get the material refined and battery ready without relying on China.
China’s ambassador warned the Canadian government against using it as a “bargaining chip” in trade negotiations with the US, but said it’s ready to pursue a bilateral free trade agreement if Canada removes barriers to Chinese investment.
Canada's total employment fell and the unemployment rate ticked up in March, data showed on Friday, as the uncertainty around tariffs and their subsequent implementation forced companies to pause hiring and spurred some layoffs.
U.S. stock futures fell sharply on Friday, signaling more losses on Wall Street, after China retaliated with fresh tariffs a day after the Trump administration's sweeping levies knocked off $2.4 trillion from U.S. equities.
President Trump is pressuring former Senate GOP Leader Mitch McConnell (R-Ky.) and other Republicans he’s labeled “disloyal” in the upper chamber to vote against Democrats’
The Senate vote came after Trump implemented 10% across-the-board tariffs on imports and additional reciprocal tariffs on goods from 60 countries.
The Chinese government said it would match President Trump’s tariff, and also barred a group of American companies from doing business in China.
Note: Goods imported from Mexico and Canada covered under the USMCA trade ... Economists found that, when Mr. Trump put tariffs on China in his first term, most of that cost was passed on to ...