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reciprocal tariffsfinancialpost
•Business
Business & Economics
72% Informative
U.S. president Donald Trump signed a memorandum calling for reciprocal trade tariffs on all major trading partners.
What are reciprocal tariffs exactly? Which countries are they likely to target, and will Canada be among them? Here’s what you need to know about the latest economic curve ball.
It's unclear what approach Trump might take to impose them.
Trump ’s threat of 25 per cent tariffs on most goods from Canada and Mexico could equate to a tax increase of more than $1,200 a year for the median American household.
Hampson believes Canada will not be impacted by reciprocal tariffs because of the free trade agreement.
“The Americans are going to want to cut deals because it's going to raise the price of everything very quickly,” he said.
VR Score
80
Informative language
80
Neutral language
57
Article tone
semi-formal
Language
English
Language complexity
47
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
8
Source diversity
5
