The Bank of Canada held its key interest rate steady at 2.75%, underscoring ongoing uncertainties tied to tariff negotiations. With trade talks remaining unpredictable, the central bank chose a cautious approach amid a clouded economic outlook
Browsing: trade uncertainty
As tariffs and economic uncertainty cast a shadow over Canadian exports to the U.S., businesses are making bold moves toward new horizons. Companies are actively seeking out exciting opportunities in Asia and Europe, aiming to diversify their portfolios and reduce the risks tied to reliance on the U.S. market.
In a significant meeting at the White House, former President Donald Trump and Italian Prime Minister Giorgia Meloni came together to tackle the pressing issues surrounding trade agreements amidst growing tariff uncertainties. Both leaders passionately underscored the importance of collaboration, aiming to strengthen the economic bonds that unite the U.S. and Italy.
Spain’s Prime Minister Pedro Sánchez is seeking to strengthen trade relations with China as uncertainties surrounding U.S. tariffs continue. This move aims to diversify Spain’s economic partnerships and enhance its position in the global market.