News with the tag "CAD"

President Trump said that both reciprocal and sectoral tariffs will take effect on April 2, alongside new duties on vehicles. He also reaffirmed that tariffs on U.S. steel and aluminum will move forward with no exemptions. Trump confirmed that the reciprocal and sectoral tariffs, starting at the beg...

President Donald Trump, speaking aboard Air Force One on Sunday, said tariffs will make the United States richer than ever before, dismissing economic concerns and doubling down on his aggressive trade policies. He told Fox News that the country will take in “hundreds of millions of dollars” and rea...

Mark Carney has officially taken over as leader of Canada’s Liberal Party, securing his position after a fierce, months-long battle to replace Justin Trudeau. With a looming federal election that could happen anytime before October, Carney now faces an uphill fight against Conservative leader Pierre...

Since 2018, gold’s annual returns have outpaced those of the US stock market standard S&P 500 for four of the seven years. According to data from Curvo, the precious metal had an average annualized return of over 40% in 2024, 10% more than the S&P 500. The price of the precious metal in US dollars w...

Canada announced it would not end its reciprocal tariffs against the United States unless the state lifted its tariffs. Donald Trump launched his tariffs against Mexico and Canada on Tuesday, drawing reiteration from the nations. Canada’s Prime minister said his government would not end its tariffs ...

The US stock market experienced downticks on Tuesday, reacting to President Donald Trump’s latest round of tariffs on Mexico and Canada. The move erased the market’s post-US election gains in November 2024 and sent major indices on Wall Street into a downward tailspin, with global markets in Asia an...

President Donald Trump announced on Tuesday night that the United States will begin enforcing reciprocal tariffs on April 2, planning to match the trade barriers imposed by Europe, China, India, Mexico, and Canada. Speaking at his now-infamous joint Congressional hearing, Trump claimed that these co...

After 30 days of waiting, a trade war between the US and Mexico seems to be taking shape. As Trump’s 25% across-the-board tariffs on its US neighbors go into effect today, Mexico is set to announce its countermeasures. Mexico’s president , Sheinbaum, says they are “responding with tariff and non-tar...

United States Treasury Secretary Scott Bessent said the government is set on bringing rates down. He reprimanded China’s business model, saying it is centered on exports, which is unacceptable in his country. In a Fox News interview, United States Treasury Secretary Scott Bessent revealed that the g...

South Korean firms with businesses in Canada and Mexico revealed that they are bracing for U.S. President Donald Trump’s tariff threats. The President plans to impose tariffs on goods from the two neighboring countries starting this week. Trump announced on Monday that his administration will start ...