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As Donald Trump continues to reshape the global economic order, one veteran Canadian economist says the U.S. president’s “Liberation Day” announcement did nothing to lessen the uncertainty that’s been pummeling markets and economies for weeks.
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Oil tumbled the most since 2023 after enduring a twin hit from U.S. President Donald Trump’s trade tariffs and an OPEC+ decision to increase output faster than previously announced.
Financial markets around the world are reeling Thursday following U.S. President Donald Trump’s latest and most severe set of tariffs, and the U.S. stock market is taking the worst of it so far.
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