Trump threatens to cut off Canadian trade ties amid increase in U.S. interest rates

By Global News

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Those strong U.S. job numbers – along with persistent inflation – could be reasons for the U.S. Federal Reserve to raise interest rates. That would be the classic economic response, but U.S. President Donald Trump has been pushing for rates to ''fall.” On Friday, he went so far as to threaten to cut off all trade with countries posting a trade surplus with the U.S., including Canada, unless he gets what he wants. Global’s Touria Izri reports. For more info, please go to https://globalnews.ca Subscribe to Global News Channel HERE: http://bit.ly/20fcXDc Follow Global News on X HERE: http://bit.ly/1Toz8mt Follow Global News on TikTok HERE: https://www.tiktok.com/@globalnews.ca?lang=en #GlobalNews #Trump #Trade

Tags: global news, National, News, Global National, Canada, Top News, Job market, Economy, Employment rate, White House, Donald Trump, Trump, Fed Chair, Interest rates, Tariff, Federal Reserve, Kevin Warsh, Trade, U.S. trade ties, U.S.-Canada trade war