The Trump administration's new tariffs on Canadian and Mexican imports spark trade tensions, while the latest U.S. jobs report shows slower growth. Federal Reserve Chair Jerome Powell addresses economic uncertainties, signaling a steady interest rate policy amid evolving trade policies. Explore the implications for businesses, consumers, and the global economy in this episode of Simply News.

Sources:

https://www.whitecase.com/insight-alert/us-tariffs-canada-and-mexico-enter-effect-tariff-china-rises-10-20

https://www.whitehouse.gov/fact-sheets/2025/03/fact-sheet-president-donald-j-trump-adjusts-tariffs-on-canada-and-mexico-to-minimize-disruption-to-the-automotive-industry/

https://abcnews.go.com/Business/timeline-trump-tariffs-canada-mexico-china/story?id=119506883

https://www.whitehouse.gov/fact-sheets/2025/03/fact-sheet-president-donald-j-trump-proceeds-with-tariffs-on-imports-from-canada-and-mexico/

https://www.foxbusiness.com/economy/us-jobs-report-february-2025

https://www.bls.gov/news.release/archives/empsit_03072025.htm

https://americanstaffing.net/posts/2025/03/07/jobs-report-statement/

https://www.stlouisfed.org/on-the-economy/2025/mar/flash-report-unemployment-flows-point-modestly-softer-labor-market-conditions-february

https://www.businessinsider.com/february-jobs-report-unemployment-rate-employment-federal-reserve-interest-rates-2025-3

https://www.youtube.com/watch?v=28mwyJCm9VE

https://insight.factset.com/u.s.-unemployment-rate-is-projected-to-be-4.0-for-february-2025

https://www.rothstaffing.com/february-2025-jobs-report-u-s-economy-added-151000-jobs/

https://www.youtube.com/watch?v=Su5LlZpiaT8

https://www.youtube.com/watch?v=sBQVhbF1elo

https://abcnews.go.com/Business/wireStory/powell-federal-reserve-stay-hold-amid-widespread-economic-119559968

https://www.youtube.com/watch?v=sBQVhbF1elo