Ars Technica · 1d
Trump’s 25% tariffs take effect; Canadian PM calls it “a very dumb thing”
President Trump's 25 percent tariffs on Canada and Mexico took effect today, and the White House increased a tariff on China from 10 to 20 percent in an executive order. Canada, Mexico, and China announced retaliatory moves, and stock markets sank globally.
wealthprofessional.ca · 5h
"A very dumb thing to do," Trudeau says as Canada hits back at Trump’s tariffs
Prime Minister Justin Trudeau has stated that Canada will “not back down” from the ongoing trade war, rejecting US President Donald Trump’s justification for imposing tariffs on Canadian imports. According to BNN Bloomberg, Trudeau called Trump’s reasoning a “bogus” excuse to destabilize Canada’s economy and make annexation easier.
MarketWatch · 1d
Canada's Trudeau Says Trump Declares 'Very Dumb' Trade War Against Canada -- 2nd Update
Economists on Tuesday revised their rate outlook for Canada as a recession appears inevitable unless the White House lifts the tariffs. BMO Capital Markets chief economist Doug Porter said he now expects four additional quarter-point rate cuts, bringing the central bank's policy rate down to 2%. He added the risk is tilted toward deeper cuts.
Canadian Prime Minister Trudeau spoke out about President Trump's tariffs and his country's retaliatory tariffs. NBC News' ...
Democratic Rep. Jasmine Crockett was criticized on social media after calling President Trump an "enemy" of the United States ...
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