Get the latest news and updates on cross-border customs and international trade.
Posted December 18, 2018
Under Economic Issues, International Trade Issues, Other Government Departments-Agencies
In the latest salvo of his policy feud with Fed Chairman Jerome Powell, Trump slammed the central bank for a likely rate hike saying it had no reason to move and urging it instead to “Take the Victory!” Continue Reading
Posted November 29, 2018
The Canadian dollar rallied to hit 75.40 U.S. cents yesterday, following comments from Fed Chairman Jerome Powell suggesting that the central bank may be nearing an end to its interest rate hikes. Continue Reading
Posted August 31, 2018
U.S. equities slumped yesterday after Trump told reporters he intends to escalate his trade war with Beijing by moving to impose tariffs on $200 billion worth of Chinese imports as soon as next week. Continue Reading
Posted August 29, 2018
The loonie has weakened about 3.1% this year versus the greenback, but some traders see stability ahead for the Canadian currency despite the shifting interest-rate outlook and trade developments. Continue Reading
Posted August 24, 2018
Under Economic Issues, International Trade Issues, Other Government Departments-Agencies
Stating the “gradual process of normalization remains appropriate,” Fed Chair Jerome Powell told policymakers he believes further interest rate hikes are the best way to sustain U.S. economic growth. Continue Reading
Posted August 23, 2018
Under Economic Issues, International Trade Issues, Other Government Departments-Agencies
According to Trump, he’s the only thing holding the economy together and should he be removed “everybody would be very poor,” as “you would see numbers that you wouldn’t believe in reverse.” Continue Reading
