Investing.com -- The likelihood of a U.S. recession has significantly increased due to tariffs imposed by President Donald Trump, a development that is expected to negatively impact the Canadian economy, according to Prime Minister Mark Carney’s statement on Monday.
During a televised news conference, Carney also mentioned he had discussions with Bank of Canada Governor Tiff Macklem and Finance Minister Francois-Philippe Champagne on Monday regarding the market turmoil. He expressed his confidence in both individuals.
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