Bank of Canada expected to cut benchmark rate to buffer economy against tariffs
The Bank of Canada is expected to announce an interest rate cut today as a cloud of uncertainty looms over the Canadian economy.
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The Bank of Canada is expected to announce an interest rate cut today as a cloud of uncertainty looms over the Canadian economy.
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US President Donald Trump’s latest move imposing 25% levies on all US imports of steel and aluminum came into effect on March 12 as part of his big-ticket agenda to reshape US trade ties with the rest of the world.
A fresh wave of tariffs on steel and aluminum are set to kick in Wednesday after a back-and-forth day that saw U.S. President Donald Trump threaten to hike his initially planned levy on those materials before eventually reverting to his previous plan.
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