Long-threatened tariffs from U.S. President Donald Trump have plunged the country into a trade war abroad — all while on-again, off-again new levies continue to escalate uncertainty.
In just a matter of weeks, President Donald Trump's tariff threats have gone from what many believed to be just saber-rattling to a full-blown trade war with the United States' closest trading partners: Canada,
Futures tied to Canada's main stock index fell on Monday as concerns of a global trade war persisted, while investors also eyed the Bank of Canada's interest rate decision later in the week.
With the current state of domestic and global affairs, I’m at a loss as to how to keep my economic stability in check.”
Canada's main stock index fell more than 1% on Monday, as investors were averse to taking risks over persistent worries about the global trade war. The Toronto Stock Exchange's S&P/TSX composite index was down 1.