April 4, 2025, 11:21 am
Fed Chair Powell warned that Trump's new tariff policies might have broader economic consequences than anticipated. His remarks suggest that these tariffs could lead to higher inflation and slow US economic growth, posing disruptions in financial markets. The Fed’s cautionary message underscores concerns over rising prices and stresses the need for careful policy planning to mitigate adverse economic impacts.
A trade war for four years? More than a third of Canadians — 39% — expect the U.S. trade war to persist until President Donald Trump is gone from office — if he does indeed leave after a second term, according to a new Angus Reid survey. And if that’s the case, more Canadians are […]
Nintendo is delaying U.S. preorders for its Switch 2, postponing the April 9, 2025 launch, to evaluate the impact of tariffs announced by President Trump and adjust for evolving market conditions.
Stock markets worldwide, including Bay and Wall Streets, as well as commodities like oil and gold continued a sell-off after China retaliated for U.S tariffs.
U.S. tariffs on Canadian auto imports are set to increase prices on both new and used cars, with experts noting that used car sellers are already raising prices as buyers seek more affordable alternatives to pricier new models.
Two days after tariffs rattled the economy, President Trump insisted his trade policies wouldn’t change while staying at his luxurious Mar-a-Lago club in Florida.
Watch: 'If we are going to have this trade relation with the U.S., we need to have a better trade agreement framework'
Fed Chair Powell warned that Trump's expansive new tariffs could spur higher inflation and slower growth, with their economic impact being "larger than expected." The Fed aims to keep such price increases temporary.
10 stories from 5 sources in 13 days ago ... #economy #business #tariffs #global-trade #trade #autosector #us-relations
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