Tariffs to take effect Aug. 1 as U.S. president cites trade gaps
Move comes amid stable global economic outlook and low oil inventories
Bill extends 2017 tax cuts, slashes safety net programs and adds US$3.3 trillion to the deficit — and excludes Section 899
U.S. trade dried up, but gold, minerals drove 1.1% increase in exports: Statistics Canada
However, the central bank chair hasn't ruled out a cut this month
Fitch sees shallower slowdown, boosts GDP forecasts as trade tensions ease
EU and U.S. risk undercutting their positions with China without a united front, analysts say
Second-quarter growth is expected to rebound to 3%
A weaker labour market and economic prospects leads to downgrade
Decline wipes out gains from previous month, as tariff concerns, economic uncertainty weigh on sentiment