U.S.-Canada trade war threatens to worsen inflation for both economies. Neither can afford it.
An actual trade war with Canada would undoubtably hurt the smaller neighbor to the north, economists say, but the U.S. wouldn’t escape entirely unscathed.
An actual trade war with Canada would undoubtably hurt the smaller neighbor to the north, economists say, but the U.S. wouldn’t escape entirely unscathed.
BELLINGS Intelligence Score: 45
Why it matters
A U.S.-Canada trade war poses a significant risk to inflation dynamics in two major economies, potentially affecting credit markets and economic conditions broadly, but it remains a threat rather than an active policy or market event.
Sources
MarketWatch
U.S.-Canada trade war threatens to worsen inflation for both economies. Neither can afford it.
An actual trade war with Canada would undoubtably hurt the smaller neighbor to the north, economists say, but the U.S. wouldn’t escape entirely unscathed.