US Tariffs Spark Global Retaliation and WTO Pushback as Fed Weighs Surprise Rate Hike

96% of Bank of Canada survey respondents cited rising trade tensions as a top risk to Canada's economy, the single biggest worry in the Q2 Market Participants Survey released Monday. This near-unanimous alarm from 26 financial market participants underscores how deeply US tariff policy has penetrated the global risk calculus.

Tariff Diplomacy Escalates

Brazil has formally requested WTO consultations challenging the Trump administration's latest tariffs, which...