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Trump’s Latest Trade Actions Are ‘Not an Escalation,’ Economist Says

The changes cover $1.85 billion in Canadian exports and leave the total value of tariffed goods slightly higher, officials said.

Summary by Loonie Politics
The economic impact from U.S. President Donald Trump’s latest series of presidential proclamations targeting trade with Canada will not have significant impact on the Canadian economy, according to economists. “I think the overall effect might be limited,” said Trevor Tombe, economist and professor at the University of Calgary.

10 Articles

The Toronto StarThe Toronto Star
+3 Reposted by 3 other sources
Lean Left

Why the Carney government isn’t treating Trump’s latest tariff moves as a dramatic escalation

A senior Canadian official said the federal government continues to analyze the impact of measures announced Tuesday by the White House, but at first blush "it's not as bad as we thought it would be."

·Toronto, Canada
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Bans on importing certain Canadian products into the United States will hurt businesses, but Canada is currently avoiding a tariff escalation such as China's, according to economist Pierre-Marcel Desjardins.

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Bias Distribution

  • 67% of the sources lean Left
67% Left

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National Post broke the news in Toronto, Canada on Wednesday, September 9, 2026.
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