Tariff hikes to have far-reaching hit: BoT

Tariff hikes to have far-reaching hit: BoT

The United States' tariff hikes are expected to have a prolonged and uncertain impact on Thailand's economy, particularly in key export-oriented sectors, according to the Bank of Thailand (BoT).

Bank of Canada Warns Prolonged US Tariffs Could Trigger ‘Market Dysfunction’

The Bank of Canada says the United States’ tariffs pose a threat to global economic stability and could reduce growth and increase unemployment in Canada. In the event of prolonged U.S. tariffs, and Canada’s subsequent counter-tariffs, the trade war could increase the risks to Canadian financial stability by hurting banks and other institutions while making it more difficult for households and businesses to manage their debt loads, the Bank of C…

The financial situation of Canadian businesses and households showed signs of improvement until the United States triggered a trade war, said the Bank of Canada on Thursday.

Bank of Canada warns of potential household strain as mortgage renewals peak and trade war risks linger - Mortgage Rates & Mortgage Broker News in Canada

Canada’s financial system may be holding steady, but rising household debt and looming mortgage renewals are emerging as critical risks, the Bank of Canada warns in its 2025 Financial Stability Report.

A long trade war could mean more financial stress: Bank of Canada - MoneySense

The financial picture for Canadian households and businesses was showing signs of increased health until the United States started a trade war, the Bank of Canada said Thursday (May 8). The central bank says in its latest Financial Stability Report that at the start of the year, households had, on average, less debt relative to their income than a year earlier, while insolvency filings by businesses had dropped significantly. “The country’s fina…