Ferris Bueller's Day Off Clip
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Hawley tariffsGlobal News
•US Politics
US Politics
Will tariffs spark recession? Anyone? Anyone? ‘Ferris Bueller’ clip explains - National | Globalnews.ca

76% Informative
The Smoot-Hawley tariffs were the biggest set of American tariffs of the last century .
The U.S. raised tariffs on a sweeping range of products being exported to the United States .
The tariffs are widely believed to have worsened the length and impact of the Great Depression .
Canada has dealt with Trump ’s tariffs before in 2018 , but this is the largest trade shock since the 1930s .
Economists say businesses should prepare for supply chain disruptions.
BMO estimates tariffs will reduce Canada ’s real GDP growth by roughly 1.5 percentage points to 0.5 per cent in 2025 .
RBC report said inflation in the United States is expected to shoot above three per cent by the end of 2025 .
BMO chief economist Doug Porter said the economy would face the risk of a moderate recession if tariffs remain in place for one year .
VR Score
79
Informative language
77
Neutral language
55
Article tone
formal
Language
English
Language complexity
40
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
5
Source diversity
5
Affiliate links
no affiliate links