Trump, Canada and Tariff
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Trump and his aides have repeatedly shifted their stance on tariffs since the president’s “Liberation Day” announcement.
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MiBolsilloColombia on MSNTariffs 'Not 100% Firm': Trump's Strategy Sparks Global BRICS FuryPresident Donald Trump's administration has reignited global trade debates with its ambiguous tariff strategy, extending deadlines and provoking strong international reactions.
The letter reiterated Trump’s complaints about dairy quotas, fentanyl and the U.S. trade deficit, which is mostly fueled by American refineries’ thirst for Canadian oil. His social media post caused the Canadian dollar to immediately tumble, indicating the market wasn’t expecting this escalation.
Without a means of enforcing bilateral trade agreements, Trump could simply change the terms of any deal down the road. The answer is to kick the U.S. out of the World Trade Organization, argues professor Kristen Hopewell.
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Soy Aire on MSNTrump's Tariff Strategy: Protectionism or Global Economic Risk?The Trump administration's tariff strategy, a key element of its 'America First' policy, has ignited debate. Are these tariffs a calculated move to boost domestic industry, or do they risk global economic instability?
Instead of viewing tariffs as part of a broader trade policy, President Trump sees them as a valuable weapon he can wield on the world stage.
The last time President Donald Trump rolled out tariffs this high, financial markets quaked, consumer confidence crashed and his popularity plunged
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Soy Aire on MSNTrump's New Tariff Strategy: A Global Trade Shake-UpPresident Donald Trump's recent tariff announcement, targeting 14 countries with levies up to 40%, aims to address trade imbalances and boost American exports.
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Irish Star on MSNMark Carney's defiant five-word statement as Trump imposes 35% tariffsCanadian Prime Minister Mark Carney responded on Friday to President Donald Trump's threats to impose a 35% tariff on Canada starting Aug. 1, an increase from the initial 25% tariff rate he had set earlier this year.