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US inflation cooled last month, though trade war threatens to lift prices
WASHINGTON (AP) — U.S. inflation slowed last month for the first time since September and a measure of underlying inflation fell to a four-year low, even as widespread tariffs threaten to send prices higher. The consumer price index increased 2.
Mar 12, 2025 7:56 AM
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Carney and Ford meet and discuss trade ahead of premier's visit to Washington
TORONTO — Prime-minister designate Mark Carney met with Ontario Premier Doug Ford this morning, ahead of the provincial leader's trip to Washington, D.C., to discuss tariffs and free trade with a top U.S. official.
Mar 12, 2025 7:52 AM
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Trump's 25% tariffs on all steel and aluminum imports go into effect
WASHINGTON (AP) — President Donald Trump officially increased tariffs on all steel and aluminum imports to 25% on Wednesday, promising that the taxes would help create U.S.
Mar 12, 2025 7:32 AM
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Bank of Canada cuts its key interest rate to 2.75% as tariffs roil economy
OTTAWA — The Bank of Canada lowered its benchmark interest rate by a quarter point on Wednesday as the tariff battle with the United States starts to weigh on the Canadian economy. The policy rate stands at 2.
Mar 12, 2025 7:24 AM
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Canada to impose 25% tariffs on $29.8B in U.S. goods Thursday
WASHINGTON — The federal government will impose 25 per cent tariffs on U.S. goods worth $29.8 billion in retaliation for the 25 per cent tariffs on steel and aluminum the administration of U.S. President Donald Trump imposed today.
Mar 12, 2025 7:21 AM
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EU retaliates against Trump's trade moves and hits beef, whiskey, motorcycles with targeted tariffs
BRUSSELS (AP) — The European Union on Wednesday announced retaliatory trade action with new duties on U.S.
Mar 12, 2025 6:59 AM
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Text of the Bank of Canada's latest interest rate decision
OTTAWA — The Bank of Canada cut its key policy rate by a quarter of a percentage point on Wednesday, bringing it to 2.75 per cent.
Mar 12, 2025 6:54 AM
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Wall Street opens higher after a report showing a welcome slowdown in inflation
NEW YORK (AP) — Wall Street got some relief after an encouraging report said inflation slowed last month by more than expected, and stocks scraped back some of their sharp losses from recent weeks.
Mar 12, 2025 6:37 AM
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Tariff war forcing N.B. to cut trade barriers, go into deficit in next week's budget
FREDERICTON — Nearly seven years after the New Brunswick government went to the Supreme Court to prevent the free movement of alcohol across the country, Premier Susan Holt says the tariff war with the United States is forcing the province to rethink
Mar 12, 2025 6:31 AM
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Ship owner says arrested captain of cargo vessel involved in North Sea collision is Russian
LONDON (AP) — The captain of a cargo ship that collided with a U.S. tanker is a Russian national who remains in U.K. police custody, the vessel’s owner said Wednesday.
Mar 12, 2025 3:04 AM
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