Global Markets: Carney warns some tariffs might remain

Canada-U.S. trade talks proceeding to Aug. 1 deadline

By Glen Hallick   Glacier Farm Media | MarketsFarm – The following is a glance at the news moving markets in Canada and globally.   As trade talks between Canada and the United States press on to their extended deadline of Aug. 1, Prime Minister Mark Carney warned a deal would likely include some tariffs.

Global Markets: Inflation nudges up in Canada, the U.S.

Increases to 1.9 per cent in Canada, 2.7 per cent in the U.S.

By Glen Hallick   Glacier Farm Media | MarketsFarm – The following is a glance at the news moving markets in Canada and globally.   Economic inflation in Canada increased in June to an annualized rate of 1.9 per cent, Statistics Canada reported on Tuesday. The increase from May’s consumer price index of 1.7 per


Global Markets: Trump targets EU, Mexico

Threatens to slap on 30 per cent tariffs

By Glen Hallick   Glacier Farm Media | MarketsFarm – The following is a glance at the news moving markets in Canada and globally.   Mexico and the European Union are the latest tariff targets for United States President Donald Trump. On Saturday, Trump announced he will impose 30 per cent tariffs on the two

Global Markets: Trump threatens Canada with tariff hike

Exemptions for U.S. imports covered by CUSMA, as well as energy, fertilizer

By Glen Hallick   Glacier Farm Media | MarketsFarm – The following is a glance at the news moving markets in Canada and globally.   Canada is now facing a 35 per cent tariff on its exports to the United States, effective Aug. 1. President Donald Trump made the announcement on Thursday, with the additional


Global Markets: Trump threatens Brazil with sharp surcharge

Claims Bolsonaro victim of witch hunt

By Glen Hallick   Glacier Farm Media | MarketsFarm – The following is a glance at the news moving markets in Canada and globally.   United States President Donald Trump targeted Brazil in his latest round of tariff threats. On Wednesday, Trump warned Brazilian President Luiz da Silva that he would slap a 50 per

Global Markets: Trump slaps on copper tariff

Canada is number two supplier to U.S.

By Glen Hallick   Glacier Farm Media MarketsFarm – The following is a glance at the news moving markets in Canada and globally.   There will now be a 50 per cent tariff on copper imported by the United States. President Donald Trump made the announcement on Tuesday. Canada is the number two supplier of



Global Markets: Severe flooding hits central Texas

Forecasters say more rain coming

By Glen Hallick   Glacier Farm Media MarketsFarm – The following is a glance at the news moving markets in Canada and globally.   Flooding in central Texas has killed more than 80 people as of Monday, with 27 at Camp Mystic. Authorities said dozens more people are believed to be missing as search and


Global Markets: U.S. House passed ‘big, beautiful bill’

Glacier FarmMedia | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. – The United States House of Representatives passed a 900-plus-page tax and spending package championed by President Donald Trump on Thursday by a vote of 218-214 with two Republicans voting against the package. Having already passed in

Global Markets: Canada’s trade deficit narrows

Glacier FarmMedia | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. – Statistics Canada reported today that the country’s merchandise trade deficit narrowed to C$5.9 billion in May, compared to the record amount of C$7.6 billion in April. Canada’s exports were 1.1 per cent higher in May, the