A soft landing from inflation may still be in sight, but when Federal Reserve Chair Jerome Powell speaks in New York on Friday he will be facing a tangled set of new risks to that long-sought goal.
With only weeks until spring planting on both sides of the border gets underway, Canadian and U.S. farmers, already facing low grain prices, are bracing for another economic blow: even bigger fertilizer bills amid a North American trade war.
Prime Minister Justin Trudeau said Thursday he welcomed indications that the U.S. would delay substantial tariffs on Canadian products for a month, but said Canada’s plan to impose retaliatory tariffs would remain in place for now.