Our Economy and the World Issue 401

09-03-2025

This week’s issue of “Our Economy and the World” includes:

Key Global and Regional Developments over the Past Week

  • Reuters: US services sector expands; price growth accelerates amid tariffs
  • Reuters: Canada’s services PMI falls to 5-month low on tariff concerns
  • Bloomberg: Trump to delay Canada, Mexico tariffs on autos for one month
  • BBC: China targets 5% growth as it reels from Trump tariffs

Special Analysis 

  • OECD: OECD Services Trade Restrictiveness Index

Developments in Financial and Commodity Markets in the Past Week

  • Reuters: Oil settles down more than 2% after US crude stocks build, OPEC+ hike, US tariffs
  • Yahoo Finance: Stock market today: S&P 500, Nasdaq, Dow rally after Trump pauses Canada, Mexico auto tariffs