U.S. has ‘swerved to protectionism,’ Bank of Canada governor says #CBC

U.S. has ‘swerved to protectionism,’ Bank of Canada governor says
Tiff Macklem, governor of the Bank of Canada, says the role of monetary policy in the current economic situation is ‘somewhat limited’ because it can’t target tariff-hit sectors — and because the current Canada-U.S. trade tensions are not like a typical cyclical downturn.

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