Canadian businesses fear ‘vortex of downward pressures’ from Trump’s tariffs
Renewed trade war has inflicted pain and uncertainty on companies that deal with US
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Trump says US to increase tariffs on Canadian cars to 50%
Ottawa officials set to announce response to new American levies on Tuesday
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Treasury market interventions are only a band-aid
Bessent’s moves on the yen and long-dated bonds do little to assuage markets long-term
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Russia is suffering from a slow-motion bank run as the Kremlin scavenges for war funding—and it may start seizing recruits for the military too
The financial sector’s loss of deposits has created a liquidity crunch so severe that it’s threatening Russia’s ability to fund its war.
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Jared Kushner has negotiated with adversaries like Iran as Trump’s envoy. Now he’s talking with the House Democratic leader ahead of midterms
It’s a signal that the White House is seeking ways to work with Democrats if they wrest majority control from Republicans in the midterm elections.