WORLD · ECONOMY · NOV 11, 5:30 PM ET
Canada’s ambassador warns Trump tariffs are driving up costs, threatening U.S. investment
Reported by 4 outlets in the past day, including CNBC, Traders Union, Pluang.
1What happened
U.S.-Canada trade tensions persist as Trump's tariffs drive up costs, threaten investment and complicate negotiations between the two countries. CNBC ↗
2Compared to what
Trade balance, share of the economy: -3.7%. Lower than in 88% of quarters since 1947.
BEA; net exports ÷ GDP · More in perspective
Sources
- Canada’s ambassador warns Trump tariffs are driving up costs, threatening U.S. investment ↗CNBC
- Canada warns Trump tariffs raise business investment costs ↗Traders Union
- Tariffs raise investment costs and consumer pri... ↗Pluang
- Canada's Ambassador Warns Trump's Tariffs Increase Investment Costs and Discourage Business Expansion ↗SSBCrack