RSS BOC Granvelle:A Trump tariff on exports would have big negative impact on economic growth

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 RSS BOC Granvelle:A Trump tariff on exports would have big negative impact on economic growth

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BOC Deputy Gov. Gravelle is speaking and says:

  • A Trump tariff on exports would have a big negative impact on economic growth.
  • There would likely be an inflation impact at the same time that we have a slowdown in the economy, so that puts a central bank in a very complicated space.
  • We've lost roughly up to C$9 billion on our assets, will be recouped by 2029
This article was written by Greg Michalowski at www.forexlive.com.
 
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