USTR posted a notice online Tuesday formally kicking off the review of the continental trade pact, the USMCA. What happens next? What's at stake? What does each side want? Check out my guide to the renewal talks theglobeandmail.com/business/eco... #CdnPoli #CdnEcon #Trump #USMCA

Macklem, Mounties and Mountains, the Canadian bingo card. #G7 #Cdnpoli #cdnecon

Over the past week, Donald Trump has stepped back from the brink in his trade war with China and announced a deal with the U.K. What does it mean for global trade? And how does it impact Canada? I'm on the Decibel today breaking it down. #cdnecon #cdnpli www.theglobeandmail.com/podcasts/the...

Confused about tariffs? We all are. Here's a gift link to an explainer from @markrendell.bsky.social. We update this piece any time tariff rules change (so, frequently).

Are you trying to make sense of Trump's "Liberation Day," the global trade war he launched on April 2, and how Canada and Mexico got off relatively lightly? I'm on the Decibel talking tariffs. Check it out. #cdnecon #econ #cdnpoli www.theglobeandmail.com/podcasts/the...

The federal election will be fought along economic lines, but the ground has shifted. Here are the key economic issues that will define the race throughout this month. w/ @mattlundy.bsky.social #cdnecon #cdnpoli #econ www.theglobeandmail.com/business/art...

New vehicle prices are set to jump by thousands of dollars because of incoming tariffs. “Not a lot of households are going to be able to finance new vehicles at current interest rates and these elevated price points potentially.” (via @markrendell.bsky.social)

Central banking in a trade war. Macklem:"It’s very hard for any of us on Governing Council to have high conviction about the most likely outcome...We need to set policy that minimizes the risk. That means being less forward-looking... and it may mean acting quickly when things crystallize." #cdnecon

Check out the latest edition of my @financialtimes.com newsletter. (1/2) How to turn Canada into an economic superpower: on.ft.com/4hD9tbe

Our interview with Tiff Macklem: “I will admit I find myself checking the news cycle more frequently than usual.” (via @markrendell.bsky.social)

Tiff Macklem is checking headlines and weighing the risks of recession against inflation, as Trump hits Canada with a barrage of tariff threats. How do you run a central bank in a trade war? I spoke with the @bankofcanada.bsky.social governor this week to find out. #cdnecon #econ #cdnpoli #trump

Governor Tiff Macklem gave an interview to @markrendell.bsky.social of @theglobeandmail.com. bit.ly/3FlR59p #cdnecon #economy

While the 2018 tariffs steel and aluminum tariffs didn’t do much to boost jobs, they did boost prices. Reposting ahead of tomorrow's tariffs. w/ @jasonkirby.bsky.social #cdnecon #cdnpoli #econ www.theglobeandmail.com/business/eco...

With Donald Trump shaking the foundations of the integrated North American economy, the Bank of Canada is widely expected to cut interest rates for a seventh consecutive time on Wednesday. #cdnecon #cdnpoli www.theglobeandmail.com/business/art...

Confused about Donald Trump's latest tariff flip-flop? I wrote an explainer on the USMCA and what's eligible (or not) for the one-month tariff reprieve. #cdnecon #cdnpoli www.theglobeandmail.com/business/art...

"I'm a loonie. Let me tell you about the tough few months I’ve had." Had fun making this explainer with @mingwong.bsky.social and @apricotjoy.bsky.social www.theglobeandmail.com/business/art...

Do trade deficits matter? How economists think about Trump’s obsession #cdnecon #cdnpoli #tariffs www.theglobeandmail.com/business/eco...

I’m on The Decibel this morning talking tariffs, trade deficits and why Trump’s trade wars likely won’t get him what he wants #cdnecon #cdnpoli #tariffs podcasts.apple.com/ca/podcast/t...

While the 2018 tariffs didn’t do much to significantly boost jobs, they did boost prices. #cdnecon w/ @jasonkirby.bsky.social www.theglobeandmail.com/business/eco...

Donald Trump announced 25 per cent tariffs on all steel and aluminum imports, including from Canada, reigniting a trade conflict that could have serious consequences for Canada’s export-oriented metal producers. #cdnpoli #cdnecon www.theglobeandmail.com/canada/artic...

Donald Trump genuinely seems to believe that tariffs are a multitool with which to pursue various goals at once – some of which are at odds with each other. www.theglobeandmail.com/business/art...

“We’ve never seen anything like this. Often with different governments there’s a reduction in funding for aid programs, and then organizations sort of deal with that. But dismantling the entire department including staff and funding, it’s just catastrophic" www.theglobeandmail.com/world/articl...

Canada planning pandemic-level relief for workers, businesses if Trump imposes tariffs www.theglobeandmail.com/politics/art...

I was on @theworld.org yesterday talking tariffs and Canada's response. Thanks for having me on Carol Hills #cdnecon #cdnpoli theworld.org/segments/202...

Trump used his Davos speech to spell out an economic vision that revolves around boosting investment and factory production in the United States at the expense of trading partners. #cdnecon #cdnpoli www.theglobeandmail.com/business/art...

With Trump’s directive to enact an “America First Trade Policy,”mercantilism moves back to the centre of U.S. economic policy. #cdnecon www.theglobeandmail.com/business/eco...

Three Trump tariff options circulating in Washington that could hit Canada, minister says www.theglobeandmail.com/politics/art...

The Bank of Canada plans to stop shrinking the size of its balance sheet in the coming months, closing the book on its massive intervention in bond markets that began in the early months of the COVID-19 pandemic. #cdnecon www.theglobeandmail.com/business/art...

Canada isn't ruling out restricting energy exports as a possible countermeasure to Trump’s tariff threats, says foreign affairs minister Mélanie Joly. Alberta premier Danielle Smith rejected the idea outright. #cdnpoli #cdnecon www.theglobeandmail.com/canada/artic...

“If the Canadian dollar recovers, it’s going to be more likely because the U.S. dollar weakens for some reason. Now that could be that Trump wakes up one morning and decides he doesn’t want a stronger dollar” #cdnecon #cdnpoli www.theglobeandmail.com/business/art...

As Freeland calls for fiscal prudence, critics point to sizable deficits on her watch #cdnecon #cdnpoli www.theglobeandmail.com/business/art...

“I wish we were not potentially facing a more shock-prone world. But hope is not a strategy. We need to make sure we’re prepared for the future.” I spoke with BoC Governor Tiff Macklem about the next phase of monetary policy, tariffs and economic uncertainty. www.theglobeandmail.com/business/eco...

The Bank of Canada cut interest rates by half a percentage point on Wednesday and signalled that it's moving into a "more gradual" phase of the easing cycle amid rising economic uncertainty. #cdnecon #cdnpoli www.theglobeandmail.com/business/art...

Trudeau promises to retaliate to any U.S. tariffs. “We were able to punch back in a way that was actually felt by Americans," he said of Ottawa's 2018 response to Trump's tariffs on Canadian steel and aluminum. #cdnpoli #cdnecon www.theglobeandmail.com/business/art...

Canadian exporters look to hedge Trump trade risk, front-run tariffs #cdnecon

The Mexico-China trade relationship is a lot more complicated than our politicians would have us believe. From @markrendell.bsky.social, the definitive piece. www.theglobeandmail.com/business/art...

“Welcome to a much more complicated picture than simply blaming Mexico" #cdnpoli #cdnecon www.theglobeandmail.com/business/art...

"We can’t just have a clear kind of logical conversation... That’s not the paradigm we’re in any longer. This is about winners and losers. That’s how Trump looks at the world and we need to make sure that Canadians are not losers in this" #cdnpoli #cdnecon www.theglobeandmail.com/business/art...

Brutal price action in FX on this evening's Trump tariff threats: