Trade War
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World Bank lowers global growth forecast, citing trade war ‘turbulence’Citing 'trade barriers,' the World Bank downgraded the global economic growth forecast to 2.3 per cent this year from 2.8 in 2024, with the U.S. expanding 1.4 per cent.EconomyJun 10
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U.S. and China to talk trade after Trump, Xi callDelegations from China and the United States will be discussing trade in-person on Monday in London after phone call between U.S. President Trump and China's President Xi.WorldJun 9
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As Trump tariff deadline looms, countries asked to give best trade offersThe letter from the United States Trade Representative asks countries to provide their offers by Wednesday as officials seek to accelerate talks with multiple partners.U.S. NewsJun 3
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Amid the trade war, OECD has lowered its global economic growth projectionsA newly revised report on the global economic outlook by the 38-nation OECD shows that expectations for global growth have been lowered in the face of the trade war.EconomyJun 3
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More than 75% of Canadians hopeful on unity, economy in 2024: StatCanMore than three-quarters of Canadians said they were feeling hopeful about unity in the country, with a similar number expressing hope for economic opportunities.CanadaMay 29
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Indonesian president and Chinese premier meet to discuss expanding trade during US trade warChina's Premier Li meets Indonesia's President Subianto to deepen trade ties amid global tensions; $10B in investments underway, with focus on nickel, rail, and BRI projects.PoliticsMay 25
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Canadian shoppers to see higher costs amid trade war: ‘No alternative’Some retailers say due to their profit margin, they have 'no alternative' but to pass on the costs resulting from the trade war with the U.S. onto consumers.CanadaMay 15
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Craft distiller fast-tracks expansion plans in N.B. due to reduced trade barriersMoncton's Snowfox Vodka is hoping to break ground on a $4.6-million expansion plan soon. It's hoping reduced trade barriers will allow it to expand into Ontario.EconomyMay 13
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Global stock markets surge as U.S. and China reach 90-day trade truceBig gains for Wall Street, along with other global stock markets including the TSX today on news the Trump administration is pausing tariffs with China ahead of a new trade deal.MoneyMay 12
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Canada has the critical minerals Donald Trump wants. So what should we do with them?A trade war and U.S. demand for critical minerals have put Canada’s rich deposits in the spotlight, prompting promises to fast-track resource projects.PoliticsApr 19
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