Trump, Canada and tariff
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Impacts
Bloomberg |
US-imposed tariffs on Canadian goods and retaliatory measures could negatively impact macroeconomic trends.
CNN |
real people aren’t getting any information about just how bad things are going to get for them.
Time |
Nearly a third of workers say they’re worried about getting laid off.
Read more on News Digest
The Liberal Party, which not long ago seemed destined to crash in federal elections under Justin Trudeau, is experiencing a reversal of fortune. Here’s what a close review of polls shows.
Canadians and Americans have shared battlefields from Vimy Ridge to Kandahar. But they’re now bracing for an economic war against each other. Canadian economist Mike Moffatt is sounding the alarm about this 150-year old alliance unraveling as Trump’s tariffs reshape public opinion north of the border.
But some economists predict Americans will feel the pain – at least in the short term – and low-income Americans most of all. Start the day smarter. Get all the news you need in your inbox each morning.
Standing in the Rose Garden on Wednesday afternoon to unveil his new reciprocal tariffs, U.S. President Donald Trump again falsely claimed that the U.S. subsidizes Canada by hundreds of billions of dollars every year and misrepresented Canada's tariffs on U.
As political tensions rise between the U.S. and Canada, partly fueled by President Donald Trump's tariff policies, some people are caught in the middle. Denise Amato, who currently lives in Tonawanda,
Canada will put 25% retaliatory tariffs on US-made vehicles in response to the Trump administration’s import taxes on foreign autos, Prime Minister Mark Carney said on Thursday.
According to a February report from Insurify, the cost of full-coverage car insurance in the U.S. could increase by 8% on average this year if Trump persists on 25% import tariffs on car parts made in Mexico and Canada.
Here's what big names in business and economics have been saying: Business Roundtable. Joshua Bolten, the CEO of Business Roundtable, an association that represents more than 200
With the announced tariffs, not only will prices not drop, but the cost of many other perishable groceries will likely increase before the end of the month, experts say. Around 15% of the U.S.'s overall food supply is imported,
President Trump imposed a 25% tariff on most imports from Mexico and Canada on Tuesday, creating uncertainty in U.S. as well as global markets and spurring concerns over the price of goods.
Conflict Watcher on MSN5h
Trump's global tariff war: A crisis shaking markets and alliesThe trade war initiated by President Trump is sending the global market into a downward spiral. Analysts highlight that the asymmetric nature of the conflict, where the U.S. is at odds with everyone else,