How to protect your money during a trade war
The Decibel
Navigating Economic Uncertainties Amidst Trade Wars
This chapter explores the effects of a trade war on major purchases like cars and homes, emphasizing the challenges posed by economic uncertainty and potential job losses. The discussion highlights how tariffs could inflate prices and lead to buyer scarcity, but advises those with stable incomes to seize favorable deals. Additionally, they examine recent changes in interest rates by the Bank of Canada, stressing the need for a measured perspective amid rising anxiety about financial impacts.
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