Trade war injects note of uncertainty into CN Rail outlook, as profits climb

MONTREAL — Canadian National Railway Co. saw a rise in both profits and uncertainty in its latest quarter as the country’s biggest railroad operator worked through a trade war set off by U.S. President Donald Trump. Despite the tariff turmoil, the company stood by its financial forecast for the year even as other companies have lowered their targets in recent days, including rival Canadian Pacific Kansas City Ltd. “We’ve not seen a significant impact to our volumes thus far, but there’s no question that uncertainty has increased over the last few months, and we’re seeing a heightened risk of recession…