Uncategorized
Less than 1 min.read

BEFORE THE BELL: Wall Street expected to feel weight from new round of Trump-led Chinese tariffs

James Bowler
By James Bowler

Despite planning trade talks with Beijing, Washington is preparing to hit China with more tariffs.
Donald Trump is reportedly set to announce the tariffs on more Chinese products worth $200 billion. China is vowing to retaliate and experts suggest Beijing may pull out of trade talks altogether. This is expected to affect North American markets as investors get nervous about escalation in the ongoing US-China trade war.

Traders will be watching for progress in the Canada-US talks on NAFTA when negotiations resume tomorrow.

The price of crude is growing over concerns suppliers will not be able to keep up with demand as Iran’s flow of oil is hit with US sanctions. US crude is gaining to 69.51 a barrel.

The Loonie is up to 76.97 cents US.

James Bowler
James Bowler

Continue Reading

You may also like



cjcd Now playing play

- Advertisement -

Related Articles

- Advertisement -

Latest News

Stanton Hospital in Yellowknife to conduct mock drill on May 13

Northwest Territories
Northwest Territories Health and Social Services Authority issued a public advisory today that a mock Code Silver will be conducted at Stanton Territorial Hospital on May 13. Hospital representatives said that urgent medical procedures and patient services will not be impacted by the drill.

MLAs holding follow-up meeting on crime and public safety

Northwest Territories
Members of the Northwest Territories Legislative Assembly Robert Hawkins and Kieron Testart are inviting residents of Yellowknife, Dettah, and Ndilǫ to attend a town hall meeting on crime and public safety.  

Yellowknife’s Spring Tradeshow showcases growing art and maker economy

Chamber of Commerce
Walking through Yellowknife’s Spring tradeshow this weekend, the independent spirit of artists, entreprepreneurs and business owners was inescapable. The work of artists in Yellowknife and across the territory is increasingly strengthening and building not only the cultural landscape but is also playing a growing role in the economy, evident at the spring show.

Hay River break-up near complete, Peel and Arctic Red River “progressing quickly”

Northwest Territories
Scientists with the territorial department of Environment and Climate Change said that break-up is “near complete” for the Hay River. Data from the latest report also showed break-up has progressed quickly along the Peel River and the Arctic Red River.

A Hands-on Fortune Teller table, a Teddy Bear Hospital – YK’s Tradeshow has it all

Chamber of Commerce
From makers and artisans to community groups, more than 150 vendors and counting are making their way to the Yellowknife Tradeshow this weekend. This year’s show includes a host of activities for youth, from the Aga Khan’s interactive fortune teller table to Aurora College’s kid crowd pleasing Teddy Bear hospital.