US Edition‘Very difficult position’: Bank of Canada expected to cut rate amid trade uncertainty
- The Trade War between the U.S. And Canada is intensifying, with a Canadian movement urging citizens to buy local products, known as the Buy Canadian Movement.
- The trade war between the U.S. And Canada is escalating, with Canada initiating the Buy Canadian Movement to encourage local purchases and boycotts of American products.
- In response to U.S. tariffs, Canada has imposed a 25% tax on U.S. Electricity and China has enacted a 15% tax on U.S. Agricultural products.
- Trade wars are causing economic uncertainty, with potential effects on markets, businesses, and consumers.
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Bank of Canada to Cut as Tariffs Strike Economy: Decision Guide
The Bank of Canada is likely to cut interest rates for a seventh straight meeting on Wednesday as the country braces for a trade war that will plunge the economy into recession unless there’s a swift resolution.
·United States
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Coverage Details
Total News Sources40
Leaning Left5Leaning Right5Center7Last UpdatedBias Distribution41% Center
Bias Distribution
- 41% of the sources are Center
41% Center
L 29%
C 41%
R 29%
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