Tariff Troubles: How Canadian Investors Can Weather the Storm [Yahoo! Finance Canada]
Gold.com, Inc. (GOLD)
Last gold.com, inc. earnings: 2/12 07:00 am
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randgoldresources.com
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Source: Yahoo! Finance Canada
Trade tensions are back in the spotlight, and Canadian investors are feeling the pressure. New tariffs between Canada and the United States have raised concerns about economic growth, industry challenges, and overall market stability. For investors, these moments of uncertainty often bring opportunities. One option that stands out is Barrick Gold TSX:ABX ), a company that has historically performed well in times of economic instability. Going for gold Earlier this year, the United States announced a 25% tariff on imports from Canada and Mexico. A separate 10% tariff was placed on Canadian energy exports, justified as a national security measure. Canada quickly responded with $29.8 billion in countermeasures, applying equivalent tariffs on a wide range of U.S. goods. These moves have already impacted trade relations, economic forecasts, and currency markets, with both countries seeing downward revisions in their projected growth rates. Canada's economy is particularly vulnerable
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