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Trump's 25% Tariff Threat – What It Means for Canada
President Donald Trump has announced a 25% tariff on Canadian imports, set to take effect on February 1, 2025. What does this mean for Canadian businesses, workers, and consumers? How could it impact the economy? And most importantly, how can Canada avoid this tariff crisis?
In This Video we discuss:
_What are tariffs and why do governments impose them?
_How would a 25% tariff affect Canada’s economy?
_The potential impact on jobs, industries, and trade relations
_What Canada might do in response – including retaliation
_Three possible strategies to avoid the crisis
_Is Trump using this as a negotiation tactic to push Canadian businesses into the U.S.?
#canada #tariffs #trumptariffs #tradewars #economy #GlobalTrade #newsupdate
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By Janvier Karu'SPresident Donald Trump has announced a 25% tariff on Canadian imports, set to take effect on February 1, 2025. What does this mean for Canadian businesses, workers, and consumers? How could it impact the economy? And most importantly, how can Canada avoid this tariff crisis?
In This Video we discuss:
_What are tariffs and why do governments impose them?
_How would a 25% tariff affect Canada’s economy?
_The potential impact on jobs, industries, and trade relations
_What Canada might do in response – including retaliation
_Three possible strategies to avoid the crisis
_Is Trump using this as a negotiation tactic to push Canadian businesses into the U.S.?
#canada #tariffs #trumptariffs #tradewars #economy #GlobalTrade #newsupdate