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Trump's tariffs changed the global economy, and what comes next

  • The Group of Seven monetary policy decisions may show varying responses from Canada and Europe due to ongoing tariff impacts initiated by Donald Trump.
  • China increased duties on all US goods in retaliation against Trump's tariffs, criticizing them; however, the White House defends Trump's actions as fulfilling campaign promises despite international fallout.
  • Experts indicate that Trump's governance style, characterized by impulse over process, creates uncertainty globally, with some suggesting trade agreements may end up as 'superficial nothingburgers.'
  • Many tariffs imposed by Trump may hurt business investment and consumer spending, but vehicle sales increased significantly, marking the strongest month for car dealers in nearly four years.
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tanea.ca broke the news in Laval, Canada on Saturday, April 12, 2025.
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