A trade agreement where the details are still being negotiated is not an agreement. It’s a memorandum of understanding that over time may yield a productive framework for trade or not. … READ MORE >
trade taxes
Market Minute: Ending the American put on the global economy
As the reality of what may be up to a 20% increase in taxes on imports sets in, global production and consumption will fall back as will imports into the U.S. … READ MORE >
Financial conditions turn negative amid risks of trade war
Given the ever-widening scope of U.S. tariffs, with the next round set to take effect on April 2, the risks to the economic outlook through the financial channel are elevated and rising. … READ MORE >
Market minute: U.S. runs a trade surplus with Canada excluding oil
The oil trade between the two countries is a function of geographical proximity, efficiency, cost and infrastructure concerns. … READ MORE >