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US Treasury to take 'extraordinary measures' to avoid debt default
US Treasury to take 'extraordinary measures' to avoid debt default
Economy
by  AFP

The US Treasury Department will start taking "extraordinary measures" next week to avoid risking a default on government debt, Secretary Janet Yellen said Friday, days before President-elect Donald Trump takes office. On Friday, Yellen said: "The period of time that extraordinary measures may last is subject to considerable uncertainty."

Canada vows 'Trump tax' on US in response to tariffs: minister
Canada vows 'Trump tax' on US in response to tariffs: minister
Economy
by  AFP

Americans will be hit by a "Trump tariffs tax" if the US president-elect increases customs duties on Canadian products, the Canadian foreign minister said Friday, pledging a hard-hitting response in any trade war. "This would be the biggest trade war between Canada and the US in decades," Foreign Minister Melanie Joly said.