Canada’s economy contracted by 1.6% in the second quarter, as rising U.S. tariffs dealt a heavy blow to exports, underscoring how ongoing trade tensions are slowing down growth, CBC reports
Browsing: Tariff Effects
Japan’s new trade deal, emerging amid Trump’s tariff regime, has surprisingly delighted markets, analysts reveal. This breakthrough not only cools tensions but also unlocks thrilling trade opportunities, signaling a bright and promising new chapter in U.S.-Japan economic relations
An orange juice importer warns that tariffs imposed by Trump on Brazilian imports could drive U.S. prices up, potentially raising costs for consumers and disrupting the market, Bloomberg reports