Markets shook today amidst confusion over the way U.S. President Donald Trump wants to go about his global tariff agenda this week — and how it will affect Canada.
Trump has stated that Wednesday will be “Liberation Day” — the day he wants to impose “reciprocal” tariffs by equating U.S. duties to the tax rates that other countries charge on imports.
The president said he would be “far more generous” in his efforts to massively upend global trade.
Those are not the only vandalizing duties that will be rolled out this week.
Thursday will usher in Trump’s 25 percent levies on automobiles and parts.
It remains unclear whether economy-wide tariffs, which Trump has linked to the flow of fentanyl, will ba slammed on Canada and Mexico again this week.
