Canada braces for U.S. tariffs
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As Trump tariffs loom within hours, how the coming days could play out - National | Globalnews.ca

74% Informative
U.S. President Donald Trump 's sweeping tariffs on Canada and Mexico are set to land later Monday .
The tariffs are expected to hit the Canadian economy hard, with some economics warning Canada could dip into a period of recession.
Economists are warning that the sweeping 25 per cent tariffs would be the “most significant trade shock” for Canada since the 1930s .
Trump ’s commerce secretary said the tariffs on Tuesday are still coming Tuesday , though the amount of them may be open to change.
Experts have said this could lead to a period of inflation in Canada .
Ottawa has said they plan to respond with retaliatory tariffs if Trump chooses to press ahead with the tariffs.
RBC report said Canada could avoid a full-blown recession if the tariffs are in place for no more than a few weeks .
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