Canada's Macklem Identifies US Tariffs as Major Economic Challenge

Reported 3 months ago

Bank of Canada Governor Tiff Macklem has described US tariffs imposed by President Trump as the 'biggest headwind' for Canada, emphasizing the need for a new trade agreement while Canadian businesses seek diversification. Although current economic data shows no immediate negative effects, Macklem stressed the importance of monitoring the tariffs' impact on consumer prices.

Source: YAHOO

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