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Bank of Canada warns U.S. trade unpredictability and political pressure threaten Canada’s economy.
Bank of Canada Governor Tiff Macklem warned that predictable, rules-based trade with the U.S. has ended under the shifting policies of President Donald Trump, increasing economic uncertainty for Canada.
He noted Canada’s heavy reliance on U.S. exports and cautioned that tariff threats, along with pressure on the U.S. Federal Reserve’s independence, could destabilize Canada’s economy and financial outlook.
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El Banco de Canadá advierte que la imprevisibilidad del comercio de EE.UU. y la presión política amenazan la economía de Canadá.