In this episode, we explore understanding tariffs and their impact on economic uncertainty. Join us as we break down the complexities behind the U.S. doubling tariffs on Canadian steel and how this decision is affecting industries, consumer behavior, and the stock market. We also discuss the potential for a recession, the mixed economic indicators that signal risks, and what individuals can do to navigate these uncertain times. Tune in for insights on market analysis, consumer confidence, and strategies for managing finances amidst economic turmoil. Learn about the importance of diversification in investments and what the future holds for trade relations between the U.S. and Canada.

This week, we unpack the seismic shifts in global economics:

• Escalating US-China Trade Tensions: New 25% tariffs on Mexico/Canada, China’s retaliation, and the domino effect on supply chains.
• Central Banks in Focus: The Fed’s inflation dilemma post-mixed jobs data vs. the ECB’s cautious rate cut amid Eurozone uncertainty.
• Latin America’s Spotlight: Mexico’s tariff negotiations, Brazil’s growth surge, Colombia’s inflation struggles, and China’s booming trade ties with the region.
• Market Turbulence: Wall Street’s correction territory, Tesla’s European slump, and the dollar’s worst week in a year.

Join us as we connect the dots between geopolitics, monetary policy, and the real-world impacts on consumers and investors worldwide.