Trump says US to increase tariffs on Canadian cars to 50%
Key Highlights
- Move marks further escalation of Washington’s trade war with Ottawa
- Desk angle: we track rates, inflation, and bank balance sheets against this headline. Always read the original for filings and quotes.
Move marks further escalation of Washington’s trade war with Ottawa
Syndicated via official news feed
Syndicated feed content with full publisher credit.
More in Banking & Economics
Continue reading verified coverage and related developments on this desk.
More from Banking & Economics
Latest developments and reports from the desk
Bessent Leaves BOJ in No-Win Situation Over Japan Rate Hikes
Bank of Japan Governor Kazuo Ueda faces unusually acute risks of financial-market turbulence as he approaches this month’s policy decision in the wake of a public pressure campaign by US Treasury Secretary Scott Bessent.
Bank of Canada Holds Rates at 2.25% as Tariff War Heats Up
The Bank of Canada held interest rates steady for a seventh consecutive meeting as an escalation in the trade war with the US threatens growth and creates the risk of new inflation pressures.
Spain’s Push on Undocumented Migrants Distorts Labor Statistics
Spain’s decision to grant residency permits to undocumented migrants is reshaping its labor-market data, bringing more workers onto formal payrolls while simultaneously pushing up the number registered as jobless.