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Trump's Tariff Shake-Up: Global Trade Faces New Challenges

On April 2, 2025, U.S. President Donald Trump announced sweeping 10% tariffs on imports from all trading partners, marking a significant escalation in global trade tensions. These tariffs, described as "baseline," aim to address what Trump perceives as unfair trade practices and chronic trade deficits. While the announcement has sent ripples across international markets, the specific impact on Canada remains uncertain. Canada, a close trading partner of the U.S., has previously faced tariffs on steel, aluminum, and energy imports under Trump's administration. The new measures could further strain bilateral relations and affect key Canadian industries. Prime Minister Mark Carney is reportedly preparing Canada's response, as the trade war becomes a central issue in the upcoming federal election. Trump's move has sparked debates among economists and policymakers, with critics warning of potential economic fallout and supporters praising the tariffs as a step toward ...
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TSX Soars to 18-Month Peak Before Holiday Season

As investors head into the Christmas break, the Toronto Stock Exchange (TSX) has reached an 18-month high, signaling a robust end to the year for Canadian markets. This surge reflects a growing optimism among traders, buoyed by positive economic indicators and a festive boost in market activity.

Key Highlights:

  • Market Rally: The TSX’s climb to an 18-month high is part of a broader rally, with investors showing increased confidence in the financial markets.
  • Economic Optimism: The rise is attributed to favorable economic reports, suggesting a resilient economy despite global uncertainties.
  • Investor Sentiment: The holiday season often brings a wave of goodwill, which seems to have spilled over into the financial sector, with traders pushing for a strong close to the year.
  • Looking Ahead: As the year winds down, all eyes will be on the TSX to see if this upward trend will set the tone for the coming year.

This milestone is a testament to the resilience of the Canadian economy and the bullish sentiment that prevails among investors as they look forward to a prosperous new year. 

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