Goldman sees ‘significant’ hit to U.S. from Trump’s Canada tariffs
- Goldman Sachs Group Inc. warns that President-elect Donald Trump's proposed tariffs on Canada could have "significant consequences" for US consumers.
- The proposed 25% tariff may lead to higher prices for fuels in the US, according to Daan Struyven of Goldman.
- Tariffs on Canadian oil would increase gasoline and energy costs for US consumers, as stated by the CEO of the Canadian Association of Petroleum Producers.
23 Articles
23 Articles
Trump Tariffs Could Hit Pockets Of Consumers, Retailers Urge Customers To Shore Up Purchases: Experts Warn A Stronger Dollar Might Still Not Make Up For Deficit
Trump recently declared his intention to impose a 25% tariff on goods from Mexico and Canada, citing border security concerns.
US President-elect Donald Trump has promised to impose tariffs on China and other countries after taking office in January next year. Although Trump has not mentioned Vietnam this time, the outside world is worried that although Vietnam has benefited greatly from the US-China trade war, it may not be able to escape Trump's tariff stick and become the next country to be sanctioned by tariffs. Observers pointed out that if the United States impos…
El Periódico
lacronicabadajoz.comCanadian Prime Minister Justin Trudeau warned Wednesday that the 25% tariffs that President-elect Donald Trump wants to impose on his American partners will destroy jobs in Canada and the US.Keep reading...
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