Retaliatory measures could take effect July 14
The central bank is expected to hold rates on Wednesday, but some economists say there are "psychological" reasons for a cut
However, economists say the underlying data 'wasn’t as impressive as it looked'
Revenues and earnings decline in the second quarter amid growing economic uncertainty
Some have boosted dividends while also adding provisions for credit losses
Consumer prices rose just 2.1% in April compared with a year earlier, down from 2.3% in March
Exporters rushed to sidestep U.S. tariffs, pushing GDP higher despite housing slowdown and weak household spending
The U.S. administration is expected to seek a stay of the decision, which would keep the levies in place pending an appeal
Imports surge ahead of Trump tariffs, dragging GDP into first decline in three years
Tariffs complicate interest rate decisions, despite Trump's push for lower borrowing costs