Learn languages naturally with fresh, real content!

Popular Topics
Explore By Region
Bank of Canada warns U.S. trade unpredictability and political pressure threaten Canada’s economy.
Bank of Canada Governor Tiff Macklem warned that the era of predictable, rules-based trade with the U.S. is over due to erratic policies under President Donald Trump, making Canada’s economic outlook harder to forecast.
Speaking after maintaining the key interest rate at 2.25%, he highlighted risks from ongoing tariffs and threats targeting Canadian industries like autos, steel, and lumber, with over 75% of exports reliant on the U.S. market.
Macklem also stressed that political pressure on the U.S. Federal Reserve, including threats against Chair Jerome Powell, could undermine its independence and destabilize global financial markets, harming Canada’s economy due to deep economic integration.
El Banco de Canadá advierte que la imprevisibilidad del comercio de EE.UU. y la presión política amenazan la economía de Canadá.