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A new trade war has begun, and this time, the stakes are higher than ever. President Donald Trump has imposed massive tariffs on Canada, Mexico, and China, triggering immediate retaliation and a market backlash. The cost of cars, food, energy, and housing is about to rise, businesses are preparing for…
Asian stock markets are trading lower on Monday, following negative cues from Wall Street on Friday. Investor sentiment has been impacted by concerns over higher inflation after the US imposed new tariffs over the weekend. The market decline comes amid worries that the Federal Reserve may delay potential interest rate…
The Indian rupee hit a record low during early trade on February 3, falling to over 87 against the US dollar, compared to its previous close of 86.6162. This decline came in the wake of a surge in the dollar index, following the announcement of US tariffs on several nations.…
When US President Donald Trump announced sweeping tariffs against Canada, Mexico and China on Saturday, he cited that “the extraordinary threat posed by illegal aliens and drugs including deadly fentanyl” posed a national emergency that required tariffs be slapped until the crisis was abated. “The orders make clear that the flow of…
A new trade war has begun, and this time, the stakes are higher than ever. President Donald Trump has imposed massive tariffs on Canada, Mexico, and China, triggering immediate retaliation and a market backlash. The cost of cars, food, energy, and housing is about to rise, businesses are preparing for…
The Indian rupee hit a record low during early trade on February 3, falling to over 87 against the US dollar, compared to its previous close of 86.6162. This decline came in the wake of a surge in the dollar index, following the announcement of US tariffs on several nations.…
The USD/CAD exchange rate surged to a high of 1.4792 on Monday, its highest level since 2003 and over 67% from its lowest point in 2007. It has jumped by over 10% in the last 12 months as the Canadian dollar crash accelerated. So, how low can the loonie crash…
Canadian stocks will be highly volatile this week as investors react to the potential tariff war between the United States and Canada. The S&P/TSX Composite Index will likely retreat, joining its American counterparts like the Dow Jones and S&P 500 that have plunged by over 2% in the futures market. …
When US President Donald Trump announced sweeping tariffs against Canada, Mexico and China on Saturday, he cited that “the extraordinary threat posed by illegal aliens and drugs including deadly fentanyl” posed a national emergency that required tariffs be slapped until the crisis was abated. “The orders make clear that the flow of…