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Currencies

Dollar rattled by growth fears as Trump ramps up tariff war

Alden Bentley, Harry Robertson and Ankur Banerjee  |  ReutersTrump doubles tariffs on China; China retaliates with tariffs on US goodsUnited States President Donald Trump doubled the tariff on Chinese imports, bringing that rate to 20%. China retaliated by announcing 15% tariffs on various imports from the US.Fox - SeattleThe dollar fell to a three-month low on Tuesday as concerns about slowing growth and the impact from tariffs on the U.S. economy outweighed any potential boost from new levies on Canada, China and Mexico.President Donald Trump's 25% tariffs on goods from Canada and Mexico took effect Tuesday, along with a doubling of duties on Chinese goods to 20%.In response, China said it will...
Upcoming Investments

Purpose Investments Announces Temporary Absorption of Series F and Series A Management Fees of Purpose Premium Money Market Fund

TORONTO, Feb. 28, 2025 (GLOBE NEWSWIRE) -- Purpose Investments Inc. ("Purpose”) announced today that it has temporarily absorbed a portion of the management fees on Series F and Series A shares of Purpose Premium Money Market Fund (the "Fund”). Until Purpose confirms otherwise, the annual management fee payable by investors in Series F shares of the Fund will be 0.20%; the annual management fee for Series A shares will be 0.45%. There are no changes to the investment objective of the Fund. Current shareholders of the Fund are not required...
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