Skip to main content
Canada
US
Global
Français
Forecasts
Europe
Asia
Global Economics
Media
TD Economics
Economics analysis covering the globe.
Feature
Updated Publications
Questions? We've Got Answers: Addressing Issues Impacting the Economic and Financial Outlook
In just four weeks since assuming office, President Trump has issued a record number of executive orders (EOs) and is spinning markets with new tariff announcements by the day. No surprise, this quarter's Q&A is dominated by discussions on potential impacts. We have changed our forecasts for interest rates and economic growth, most notably for Canada.
February 19, 2025
Commentaries
Update on U.S. Steel and Aluminum Tariffs
The White House has announced the restoration of Section 232 Tariffs on Steel and Aluminum that were originally imposed in 2018. The rate on steel will return to the 25% implemented in 2018, while the rate on aluminum will rise to 25%, from 10% previously.
February 12, 2025
Latest Research
How Far Will They Go? China’s Outlook for 2025
China’s economy continues to contend with the ramifications of a housing market meltdown, decades of investment-driven growth, and a trade war with the U.S. that is set to re-accelerate. Faced with these headwinds, policymakers have recommitted to monetary and fiscal stimulus to boost domestic demand.
January 07, 2025
Updated Publications
Global Quarterly Economic Forecast
Stronger-than-expected growth momentum would have set the stage for 2025 growth upgrades in both the U.S. and Canada. However, in light of downside policy risks – notably U.S. tariffs – projected growth rates have been kept largely intact relative to September.
December 12, 2024
Latest Research
Economic Outlook Gets Trumped!
Starting points matter for a new administration. President Trump will be inheriting a strong economy that has been beating forecasts by a statistical mile! This works to the advantage of Republicans in 2025. Households have more cushion to absorb some economic pain from a tariff war compared to the economies of trading partners that are treading water.
December 05, 2024
Previous
Next
Updated Publications
Updated Publications
Questions? We've Got Answers: Addressing Issues Impacting the Economic and Financial Outlook
February 19, 2025
Updated Publications
Global Quarterly Economic Forecast
December 12, 2024
Updated Publications
Commodity Price Report: Stable Amidst Risks
May 16, 2024
Updated Publications
WATCH: U.S. Exceptionalism?
February 29, 2024
Previous
Next
Updated Publications
Questions? We've Got Answers: Addressing Issues Impacting the Economic and Financial Outlook
February 19, 2025
Updated Publications
Global Quarterly Economic Forecast
December 12, 2024
Updated Publications
Commodity Price Report: Stable Amidst Risks
May 16, 2024
Updated Publications
WATCH: U.S. Exceptionalism?
February 29, 2024
View more updated publications
Latest Research
Latest Research
How Far Will They Go? China’s Outlook for 2025
January 07, 2025
Latest Research
Economic Outlook Gets Trumped!
December 05, 2024
Latest Research
Markets Brace For Higher Inflation and Interest Rates Under President Trump
November 06, 2024
Latest Research
From Laggard, to Leader, and Back Again: Germany’s Malaise
September 25, 2024
Previous
Next
Latest Research
How Far Will They Go? China’s Outlook for 2025
January 07, 2025
Latest Research
Economic Outlook Gets Trumped!
December 05, 2024
Latest Research
Markets Brace For Higher Inflation and Interest Rates Under President Trump
November 06, 2024
Latest Research
From Laggard, to Leader, and Back Again: Germany’s Malaise
September 25, 2024
View more latest research
Commentaries
Commentaries
Update on U.S. Steel and Aluminum Tariffs
February 12, 2025
Commentaries
China Stimulus Announcements (September 2024)
September 26, 2024
Commentaries
OPEC+ Extends Cuts and Plans for Production Increases
June 03, 2024
Previous
Next
Commentaries
Update on U.S. Steel and Aluminum Tariffs
February 12, 2025
Commentaries
China Stimulus Announcements (September 2024)
September 26, 2024
Commentaries
OPEC+ Extends Cuts and Plans for Production Increases
June 03, 2024
View more commentaries