Canadians Support Retaliation Against Tariffs
This is a Canada news story, published by financialpost, that relates primarily to Peter Morrow news.
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World
Posthaste: Is Canada's thirst for tariff retaliation 'misguided' or the only way to win against Trump?
68% Informative
Canada has implemented 25 per cent retaliatory tariffs on a list of $60-billion worth of items.
There are pros and cons to retaliating, according to Canadian economists and other experts.
Peter Morrow , an associate professor at the University of Toronto’s economics department, said Canada has taken a very measured approach by not announcing pre-emptive retaliation.
Auto companies are feeling the tariff pain up and down the supply chain.
Donald Trump ’s threat to apply 25 per cent tariffs on imports of finished vehicles poses a nightmare.
Canada did just that in its initial $30-billion retaliatory round of tariffs by targeting agricultural products where Canada does n’t rely on the U.S ..
VR Score
73
Informative language
71
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51
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semi-formal
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English
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