68 h. ago RBC says winning the ‘AI arms race’ key to future growth despite trade war uncertainty

Canada's largest bank holds first Investor Day event since 2018

Economics

5 d. ago Quebec Sees Deeper Deficit, Slower Growth as Trade War Bites

Quebec, Canada’s second-largest province, forecast a staggering C$13.6 billion ($9.5 billion) deficit for the next fiscal year and warned that the budget outlook depends on the duration and severity of the trade war with the US.

Economics

3 w. ago Trump’s Tariff War Will Hurt UK and Lift Prices, Reeves Says

A global trade war will damage UK growth and drive up inflation even if Donald Trump excludes Britain from the kind of tariffs he is imposing on China, Canada and Mexico, Chancellor of the Exchequer Rachel Reeves said.

Economics

3 w. ago Tariffs Hit Mexican Peso as US Risks Shield Other EM Currencies

The Mexican peso slumped after US President Donald Trump imposed new import tariffs against the country, though other developing-nation currencies held their own amid concerns about the impact of the escalating trade war on growth in the world’s largest economy.

Economics

3 w. ago Asian Stocks to Decline as Tariffs Spark US Rout: Markets Wrap

Asian stocks are set to fall as President Donald Trump’s pledge to impose tariffs on trading partners sent US shares to their biggest loss of the year and raised the spectre of a trade war hitting global economic growth.

Economics

3 w. ago Asian Stocks Decline After Tariffs Spark US Rout: Markets Wrap

Asian stocks fell Tuesday, tracking US shares lower as President Donald Trump’s pledge to impose tariffs on trading partners raised the spectre of a trade war hitting global economic growth.

Economics