WTO says global trade could slide this year because of Trump’s tariff policies
North American exports could plunge 12.6% if harshest levies are applied
- By: The Associated Press
- April 16, 2025 April 16, 2025
- 16:28
North American exports could plunge 12.6% if harshest levies are applied
U.S. central bank seeks clarity on impacts of Trump's moves on immigration, taxation, regulation, and tariffs
Economic uncertainty has quashed hopes of a housing pickup in 2025
Trade turmoil, market uncertainty to drive weaker growth, higher inflation
Central bank cites uncertainty around tariffs and competing risks of inflation and recession
In quarterly terms the economy expanded 1.2% in January-March, slowing from 1.6% in Q4
Surge in auto and electronics purchases drives retail gains
Consumer prices rose less than expected, potentially paving the way for another interest rate cut next month
Most households highly exposed to stocks, the rest to real estate: NBF
Money market ETFs, tokenization threatening to shake up sector
Inflation slowdown gives the central bank "breathing room," Desjardins economist says
Regulation addresses liquidity, stability risks revealed by pandemic
Six-month tariff holiday for U.S. imported goods used in Canadian manufacturing also announced
Gains in sales of primary metals and chemicals offset petroleum decline
Association cuts 2025 sales forecast as March activity drops 9.3% year-over-year
Centres with a population of 10,000 or more saw a decline of 2.8%
China deepens ties with Vietnam, Malaysia and Cambodia
Agency cites falling travel and fuel costs, but restaurant prices rose with end of federal tax relief
Strong volumes to boost revenues from transactions and clearing: Moody's
Official counts may miss the mark, leaving policymakers scrambling
Despite the uncertainty, survey suggests Canadians' outlook for their personal finances has brightened
Trade between China and the U.S. is expected to “crater” after a temporary boost last month
Gains were led by a 7.1% jump in machinery and equipment
Policymakers weigh trade tensions and shifting consumer expectations