Ottawa and Washington head for all-out trade war

Roberto Machado Noa | Lightrocket | Getty Images The Canadian dollar fell on Monday morning after trade talks between Ottawa and Washington fell apart, leaving both sides facing higher prices on a wide array of imported goods. The U.S. on Saturday slapped 50% tariffs on around $20 billion worth of imports from Canada, its second-biggest…

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Retail spending fell in March as consumers pull back

[ad_1] Washington DC CNN , The expenditure on American retailers fell in March as consumers fulfilled the possibility of recession after the banking crisis. The Department of Commerce said on Friday that retail sales, which are adjusted to the weather, fell 1% in March, not for inflation. According to the refinative, and in the pre…

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