Ottawa, July 30, 2025 (AFP) - Canada central bank holds rate steady citing US tariff 'threats'

NAMPA / AFP

2025-07-30

Canada's central bank held its key lending rate at 2.75 percent on Wednesday, as the major US trading partner confronts economic uncertainty two days before President Donald Trump's latest tariff deadline. Canada remains uniquely vulnerable to Trump's trade war given the deep, broad ties between the neighboring economies. Trump's threat to hike tariffs to 35 percent on certain goods if no new trade deal is reached by Friday could wreak further h......

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