President-elect Donald Trump threatened Tuesday to place new tariffs on imports from Denmark unless the country gives up control of Greenland, news that dented the stocks of some of Denmark’s ...
The numbers: A barometer of prices that businesses pay for supplies rose to a nearly two-year high at the end of 2024, raising the specter of another bout of rising inflation. The so-called ...
VANCOUVER - Premier David Eby said British Columbia families face a direct threat from U.S. president-elect Donald Trump’s “declaration of economic war” with his proposed 25 per cent tariffs ...
It's projected the tariffs would also result in 124,000 fewer jobs in B.C. over the next three years, causing the unemployment rate to increase to 6.7 per cent in 2025, and 7.1 per cent next year.
B.C.’s finance minister says president-elect Donald Trump’s proposed tariffs would have devastating effects on the province’s economy and growth. Brenda Bailey said at a press conference on ...
Donald Trump kicked off a new era of Western economic rivalry with Beijing when he took office in 2017. As he prepares for his second term, China’s dominance of global manufacturing is greater ...
LONDON, Jan 16 (Reuters) - Staff at central bank umbrella group, the Bank for International Settlements, have warned of a global bout of stagflation if trade tariffs promised by soon-to-be-U.S ...
WASHINGTON, Jan 16 (Reuters) - The World Bank on Thursday warned that U.S. across-the-board tariffs of 10% could reduce already lackluster global economic growth of 2.7% in 2025 by 0.3 percentage ...
BESSENT: The American people should think about tariffs in three ways under the Trump administration. - One will be for remedying unfair trade practices either by industry or country a la the ...
Eby and Finance Minister Brenda Bailey released costings that suggest the tariffs and a similar response from Canada would cumulatively cost B.C. $69 billion in lost GDP by 2028. The costings also ...
The global economy is set to flatline this year amid fears including fresh US tariffs hitting trade, the World Bank has warned. Growth of 2.7% would be the joint weakest performance since 2019 ...
Ron Wyden, during his confirmation hearing to serve as Donald Trump's Treasury Secretary, he believes Chinese companies are likely to reduce prices in response to American tariffs, rather than ...