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Home World Canada

Opinion: Trump's tariffs gamble rests on three pillars and carries big risks

5 February 2025
in Canada
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Opinion: Trump's tariffs gamble rests on three pillars and carries big risks
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President Donald Trump’s plan to impose higher tariffs on Canada and Mexico seems contradictory as tariffs drive up prices, potentially leading to inflation, which Trump aims to curb. The move to increase tariffs could undermine efforts to keep inflation in check. Despite this apparent contradiction, Trump is pushing forward with his tariff policy, sparking concerns about its impact on the economy.

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