What Trump's new tariff threats could mean for Canada
Where do our negotiations with the Trump administration stand and how much worse could things get if these tariffs come into effect? What cards can Canada still play at the negotiating table? And what does Trump's ongoing tariff approach mean for the world? To help make sense of it all, we're joined by Eric Miller, trade analyst and president of Rideau Potomac Strategy Group.
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Globe and Mail
5 minutes ago
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Market Analysis: July 15th, 2025
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The June Consumer Price Index (CPI) report showed core inflation—which excludes volatile items like food and energy—rose by 0.2% from the previous month. This increase was slightly lower than economists' expectations but still higher than May's 0.1% gain, signaling that inflation pressures are lingering. Despite the CPI data indicating some level of inflationary pressure, the report may give the Federal Reserve the flexibility to adopt a wait-and-see approach regarding interest rate cuts. The Fed may be cautious in making any sudden moves amid the growing uncertainties surrounding President Trump's tariffs on foreign imports, particularly how they may affect inflation in the U.S. This uncertainty has created an environment where the Fed's policy decisions remain data-dependent, with many analysts predicting that the central bank might not rush into further rate cuts until there's more clarity on inflation and trade policies. European Markets European stocks faced a broad decline, as the anticipation of weaker corporate earnings in the second quarter weighed heavily on investor sentiment. Analysts are forecasting a 0.7% drop in European corporate profits, further dampening the outlook for the region. The combination of disappointing earnings expectations and concerns about trade tensions added pressure to European shares, particularly in sectors like healthcare and financials, which saw notable declines. Investor sentiment in Germany had risen more than expected in July. This increase in sentiment was somewhat encouraging, though it wasn't enough to offset broader concerns in the European markets. The primary focus for many European investors remains on potential developments in the US-EU trade negotiations, as any breakthrough (or lack thereof) could significantly influence the economic outlook for the region. 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CBC
9 minutes ago
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Expansion WNBA team brings back original Portland Fire name
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Globe and Mail
12 minutes ago
- Globe and Mail
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