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Canada, Mexico and Lutnick
Trump commerce nominee says Canada, Mexico can avoid tariffs, vows stronger China tech curbs
President Donald Trump's nominee to run the Commerce Department, Howard Lutnick, said on Wednesday that Canada and Mexico can avoid looming U.S. tariffs if they act swiftly to close their borders to fentanyl,
Lutnick: Canada, Mexico Can Avoid U.S. Tariffs if They Act Quickly
He noted those tariffs were separate from a broad effort by the Commerce Department, the U.S. Trade Representative’s office and the Treasury Department to review trade relations and tariffs by April 1.
Canada, Mexico can avoid tariffs with border action, Lutnick says
United States President Donald Trump ’s pick to lead the Commerce Department said Mexico and Canada can avoid new tariffs due this weekend if they clamp down on border security — while also signalling that Trump is likely to impose widespread new levies to return manufacturing to U.S. soil.
Bank of Canada cuts rates
LIVE
Live updates: Bank of Canada cuts key interest rate by another 25 basis points, as Trump tariffs loom
In December 2024, Governor Tiff Macklem pointed to a 2019 internal simulation of the U.S. imposing significant tariffs. That study examined the consequences of a 25 per cent tariff on all imports (rather than from specific countries), so there are some limitations to its relevance — but the modelled impacts are nonetheless gloomy.
Bank of Canada to Downsize Cuts as Tariffs Brew: Decision Guide
The Bank of Canada is likely to cut interest rates by a quarter percentage point on Wednesday as officials lay out their analysis of how US tariffs might derail a soft landing for the Canadian economy.
Bank of Canada cuts rates, says tariffs could stoke persistent inflation
The Bank of Canada on Wednesday trimmed its key policy rate by 25 basis points to 3%, cut growth forecasts and said it was concerned that U.S. tariffs could stoke persistently high inflation. U.S. President Donald Trump is promising to impose a 25% tariff on all imports from Canada on Saturday.
2h
on MSN
Canada minister says any US tariff response would not single out Alberta
Any Canadian response to U.S. tariffs will be regionally fair and equitable and not single out Alberta, Canada's main ...
34m
on MSN
Ontario leader calls for snap election to fight Trump's threatened tariffs
The leader of Ontario, Canada's most populous province, has kicked off his provincial election campaign, saying he needs a ...
10h
Trump tariffs: Why the President shifted focus to Canada
Throughout President Trump’s election campaign and even in the days following leading up to Inauguration Day, the commander ...
The News International
1h
Canada announces support for workers, businesses amid Trump’s tariff threats
OTTAWA: The Canadian government has pledged to offer financial aid on the scale seen during the COVID-19 pandemic to support ...
The Canadian Press on MSN
4h
Canada-U.S. interest rate gap widens, but BoC more focused on tariffs: experts
The gap in interest rate policies between Canada and the U.S. is set to widen further as the Bank of Canada cut its key ...
Al Jazeera on MSN
6h
Canada’s foreign minister Joly to meet Rubio as US tariff threat looms
Canada working to prevent steep tariffs that US President Donald Trump says could be imposed as early as February 1.
1d
on MSN
Trump just gave his clearest picture yet of what new tariffs could look like
President Donald Trump has been talking about tariffs for so long that it feels like we know exactly what’s coming. But we ...
1h
on MSN
Trump's endgame still unclear as tariff date nears, minister says
Days before tariffs that have the potential to cripple Canada's economy are expected to come into effect, the country's ...
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