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President Donald Trump’s effort to bring down grocery prices by increasing foreign beef imports is sparking resistance from Republicans in ranching states, who warn American producers could pay the price. Trump announced Friday on Truth Social that the U.S. will allow up to 300,000 metric tons of ground beef to…

Tariff deal unlikely to accelerate hikes – TD Securities

TD Securities’ Robert Both expects the Bank of Canada to remain cautious even if a tariff agreement is reached. The Bank wants more data on how lower tariffs affect exports and output, with key trade figures not available until November. TD forecasts the BoC staying on hold through 2026 and delivering its first rate hike in January despite a narrowing output gap.BoC seen patient despite easing trade risks”We look for the Bank of Canada to…

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Canadian Prime Minister Mark Carney suspended trade negotiations with the United States late Friday, blaming “unfair” last-minute changes to Washington’s proposed terms and announcing retaliatory tariffs against the U.S. Carney said the move comes as President Donald Trump’s 50% tariffs on roughly $28 billion in Canadian goods were set to…

Investing

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