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Grocery prices surge while inflation drops
New ReviewCanada’s overall inflation rate dropped in July thanks largely to lower gas prices, but grocery prices increased twice as fast as other consumer products.
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Trump increases tariffs on steel and aluminum, which will likely increase consumer prices
New ReviewThe Trump administration added a 5% tariff rate on more than 400 goods with steel and aluminum components Monday. (Scripps News)
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Trump–Goldman Row Raises Questions on Forecast Integrity
New ReviewWall street analysts are cautioning that political criticism in the U.S. could weaken the independence of bank research, a development that may leave investors with less reliable market insights.
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Powell Set to Potentially Disappoint Wall Street at Jackson Hole
New ReviewFederal Reserve Chair Jerome Powell’s upcoming speech at the Jackson Hole Economic Symposium has investors on edge, with concerns that his comments may signal stricter monetary policies, potentially unsettling Wall Street.
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Implementation Delays Raise Fears of ‘forever Negotiations’
New ReviewDonald trump has promised relief through new deals with allies, including the UK, the European union, Japan, and South Korea. But months after political announcements, many of those pledges remain stalled, leaving industries and...
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FED's Jerome Powell's dilemma: to cut or not
New ReviewThe great-and-the-good of the American central banking world are off to the fed's annual Jackson hole conference. For fed chair Jerome Powell, his appearance could hardly come at a more challenging moment.
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Economists call US debt plan ‘unrealistic’
New ReviewDonald Trump says his tariff regime has a two fold purpose, paying down America’s 37 trillion dollar national debt and possibly sharing the revenue with citizens. But the treasury data shows a gap between rhetoric and reality.
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Market Moves in Aug 11-15 Week
New ReviewThe moves over the past week reflected positioning for a peace deal on Ukraine at the Alaska meeting between U.S. President Trump and Russian President Vladmir Putin. While Trump said talks with Putin was ‘productive’ both the presidents...
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Trump to Impose Tariffs on Steel & Semiconductors 'in Weeks’
New ReviewU.S. President Donald Trump announced that he plans to impose tariffs on steel and semiconductor imports in the coming weeks. He indicated that rates will start lower to allow companies to establish domestic production, then rise sharply...
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Trump’s Trade Policies Push Consumer Prices Higher
New ReviewIt's been over six months since President Trump began his second term, and the U.S. Economic landscape is shifting. Broad tariffs on more than 90 countries are pushing consumer costs higher. Overall, the consumer price index shows a 2.7...
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U.S. Defers Key Trade Talks With India
New ReviewReports suggest that a scheduled visit on August 25th by U.S. Trade negotiators to New Delhi has been deferred. This halts the sixth round of talks on the proposed bilateral trade agreement. This follows Trump’s remarks in Alaska,...
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Trump Tariffs: India Joins The Race With 'Made In India' Chips
New ReviewPrime Minister Narendra Modi on Friday used his 79th Independence Day address from the Red Fort to underline India’s renewed focus on semiconductor manufacturing, while pointing to decades of missed opportunities in the sector.
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Who is paying the high cost of tariffs?
New ReviewEconomic indicators this week have showed new effects of President Donald Trump's tariffs. For American consumers, there could still be price hikes ahead, from groceries to clothing to vehicles. (Scripps News)
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Trump-Putin talks: More tariffs on India?
New ReviewUS President Donald Trump on Thursday suggested that tariffs imposed on India may have played a role in Russian President Vladimir Putin agreeing to meet him in Alaska this week to discuss the war in Ukraine.
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Removal of tariff exemption causes trouble for some Manitoba entrepreneurs
New ReviewUnder what's called the 'de minimis' duty-free treatment, goods under $800 were exempt from U.S. tariffs. However, U.S. President Donald Trump has signed an executive order to remove the exemption, causing a lot of confusion and...
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Poilievre says B.C. Ferries loan to buy Chinese ships should be cancelled
New ReviewConservative Leader Pierre Poilievre says a $1-billion loan to B.C. Ferries should be cancelled after the provincial Crown corporation decided to work with a Chinese shipbuilder. Poilievre says China should be 'penalized' for its new...
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Concerns over rising drug costs grow as Trump threatens pharmaceutical tariffs
New ReviewBrand-name drugs already cost three to four times more in the U.S. than in other developed countries. (Scripps News)
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Chinese tariffs on Canadian canola have farmers bracing for the worst
New ReviewA new Chinese tariff of over 75 per cent on Canadian canola seed takes effect today, effectively closing Canada’s biggest export market for the product. The tariffs are an escalation in a mounting trade dispute between the two countries.
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Lawyer explains what Canadian goods are covered by 35% U.S. tariffs
New ReviewDan Kiselbach, Miller Thomson's managing partner in Vancouver, explains what Canadian goods are covered by the Canada-U.S.-Mexico Agreement (CUSMA), what Canadian businesses are doing to ensure their products are covered by it, and how...
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Manitoba premier wants federal government to take 'immediate action' on China's canola tariffs
New ReviewManitoba Premier Wab Kinew reacted to China’s tariffs on Canadian canola set to go into force Thursday, asking the federal government to show the same support for the agricultural sector that they gave the steel, auto and lumber industries.
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Premier Holt on wildfires burning out of control in New Brunswick
New ReviewTwo large wildfires are active near major cities in New Brunswick, one near Miramichi, the other near Moncton. Heat warnings remain in effect for most of the province. New Brunswick Premier Susan Holt joins Power & Politics to discuss...
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US- Russia : Trump Issues Stark Warning to Putin Over Ongoing Ukraine War
New ReviewUS President Donald Trump warned of “severe consequences” for Russian President Vladimir Putin if the war in Ukraine continues. The statement came after a summit with European leaders and Ukrainian President Volodymyr Zelenskyy, as...
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US-China Trade Talks: Trump Delays China Tariffs, Keep Door Open For Deals
New ReviewThe United States and China have agreed to extend their tariff truce by 90 days, delaying a surge in import duties that threatened to escalate into a near-total trade freeze between the world’s two largest economies. US President Donald...
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Brazil's Lula and China's Xi discuss BRICS and boosting Brazil-China ties
New ReviewBrazil's President Lula and China's Xi Jinping held talks on strengthening BRICS cooperation and exploring new bilateral opportunities in trade and development.