Trump’s tariff war with Canada is starting to cast a shadow over Upstate New York’s vibrant tourism economy. Local businesses are feeling the pinch as they report a noticeable drop in Canadian visitors, resulting in dwindling revenue for shops and attractions that thrive on cross-border traffic.
Border towns between the US and Canada are grappling with tough economic hurdles as the lasting effects of Trump’s trade war continue to ripple through their communities. Local businesses, once thriving on cross-border traffic, are now witnessing a sharp decline in customers and facing soaring tariffs, resulting in considerable financial strain.
A recent study highlights how industrial diversity is a key driver of local employment growth in France. Regions with varied industries not only create more jobs but also enhance economic resilience, offering a sustainable path for future development.
The S. Korea–Japan Economic Cooperation Forum convened in Tokyo amid escalating tariff pressures from the Trump administration. Leaders from both nations sought to strengthen ties and address economic challenges, emphasizing collaboration to navigate a turbulent trade landscape.
