Posted by jerry wigutow on May 21st, 2025
CANADA SUSPENDS TARIFFS
(Bloomberg) -- Canada has effectively suspended almost all of its retaliatory tariffs on US products, tamping down inflation risks and improving its growth.“ It’s a very strategic approach from a new prime minister to really say, ‘We’re not going to have a retaliation,’” Tony Stillo, Oxford’s director of Canada economics, said in an interview. “It’s a strategic play on the government’s part to not damage the Canadian economy outlook, according to Oxford Economics.
I hope this reduction to zero on most products includes sleeping bags.
More countries should do the same.