President Donald Trump’s sweeping tariffs have caused the U.S. dollar to suffer its worst first half performance in more than 50 years, as currency is being sold off due to his economic policies and geopolitical concerns. As a result, U.S. dollar-denominated assets are no longer the safe haven they used to be, and investors are concerned about the President’s “big beautiful” budget driving the country’s national debt higher. The sell-off has brought the dollar index down to its lowest level since March 2022, with the dollar having fallen by...

Del Monte Foods, a 139-year-old company regarded for its canned fruits and vegetables, is seeking bankruptcy protection as consumer demand for healthier and more affordable options takes its toll. As inflation pushes consumers to seek cheaper alternatives and store brands, it has dealt a blow to the well-established Del Monte brand. Further, tariffs on steel and aluminum have made price increases unsustainable. The company has secured $912.5 million in debtor-in-possession financing that will allow it to operate normally as it proceeds with a...

In response to growing Canadian demand for Canadian-made products driven by the ongoing tariff environment, the Canadian government has removed 53 federal exceptions from its Canadian Free Trade Agreement (CFTA), which should improve the movement of Canadian goods and workers across the country. Provincial governments are also taking steps to reduce interprovincial trade barriers. A press release noted, “Today's announcement builds on the government's efforts to strengthen the Canadian economy,” though some internal and federal trade barriers...