The president in February signed an executive order slapping Canada and Mexico with 25% tariffs in response to an increase flow of migrants and fentanyl.

President Trump’s 25% tariffs on imports from Canada and Mexico, and 10% on Canadian energy, will raise core consumer prices in the U.S. by 0.6%, Goldman Sachs economists predicted. “We would not rule out a last-minute pause in the tariff,

Goldman Sachs CEO David Solomon called President Trump’s tariffs on Canada and Mexico an effort to “level the playing field” – but said the trade policy has caused heightened caution among his fellow business leaders.

Former central banker Mark Carney will become Canada’s next prime minister after he won Liberal Party leadership vote in a landslide

Jacob Rees-Mogg, the Conservative MP, labelled Mr Carney the “high priest of project fear”. He survived the outcry and left the bank in 2020, laying the groundwork to assume leadership of Canada’s beleaguered Liberals, despite never having sat as an MP in the House of Commons.

Mark Carney, a former Goldman Sachs executive, was on Sunday named Justin Trudeau's successor as the Prime Minister of Canada and leader of the ruling Liberal Party. Trudeau resigned in January, months after facing a stiff internal revolt with demands for him to step down.

Mark Carney has won the leadership race for the Liberal Party and is set to become Canada's next prime minister, succeeding Justin Trudeau. Carney bri