U.S. consumer confidence plummeted in February, the biggest monthly decline in more than four years, a business research group said Tuesday.
In February, employment in Canada was largely unchanged, with a modest increase of 1,100 jobs. The labour force participation rate declined to 65.3 per cent, while the unemployment rate remained steady at 6.6 per cent.
Bank of England governor, who has won the Liberal election to succeed Justin Trudeau, says he will keep tariffs until "Americans show us respect".
The Conference Board said consumer confidence took its biggest one-month slide in four years, forcing many national chains to lower earnings guidance.
· 1d
China Learned From Trump's First Trade War and Changed Its Tactics When Tariffs Came Again
Trump Has Begun Another Trade War. Here’s a Timeline of How We Got Here
Trump is no stranger to tariffs. He also launched a trade war during his first term in office, but has more sweeping plans now. Economists stress there could greater consequences on businesses and economies worldwide this time — and that higher prices will likely leave consumers footing the bill.
· 3h · on MSN
Stocks slump after Trump declines to rule out recession amid trade war
Even before Donald Trump shattered the idea of a western alliance over the weekend, an uneasy spectre had begun to roil through the global economy, with troubles brewing on at least three fronts.
Inflation is heating up, a trade war is brewing and American consumers aren’t feeling great about the economy. That’s a toxic mix for businesses.
Yahoo Finance will chronicle the latest news and updates on Trump's tariffs — from the threats to the eventual policy.
Justin Trudeau was brought to tears as he spoke of the ongoing feud with President Trump and the US-imposed tariffs that have rattled Canada in his final days as prime minister.
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