Canada’s finance chief dialed down hopes for a tariff-free trade deal with the U.S., highlighting the challenging path that lies ahead in negotiations. This frank admission casts a spotlight on the intense tensions driving the future of bilateral trade discussions
In a recent statement, former President Trump suggested that tariffs on Mexico and Canada could potentially increase, indirectly acknowledging the economic uncertainties ahead. He refrained from dismissing the possibility of a recession, raising concerns among analysts.
In a recent announcement, former President Trump declared that tariffs on Canada and Mexico will be implemented starting March 4, alongside a significant increase on imports from China. This move aims to address trade imbalances and protect American industries.
