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Economic Reviews of the Tariff War Between the United States and Canada

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تقييمات اقتصادية لحرب الرسوم الجمركية بين الولايات المتحدة وكندا
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The News

According to Anadolu Agency, American economist Gary Hufbauer confirmed that Canada will incur greater economic costs due to the tariff war with the United States.

Analysis & Context

Analytically, the tariff war between the United States and Canada has varied effects on the economies of both countries. In a broader context, this dispute could contribute to deteriorating trade relations between the two nations and deepen economic divisions in the North American continent. Additionally, this conflict may have negative repercussions on the global economy by increasing instability in world markets.

Source: Anadolu Agency

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