this post was submitted on 08 Mar 2025
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Economics

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Summary

Donald Trump’s erratic tariff decisions, including abrupt impositions and reversals on Canada, Mexico, and China, are creating uncertainty for businesses.

Companies struggle to plan investments, hiring, and pricing amid shifting policies. While Trump claims tariffs will boost American industry, many firms are passing higher costs to consumers.

Economists warn his actions could drive up prices, undermining his campaign promise to lower costs.

The Canadian Chamber of Commerce criticized the instability, while experts say Trump’s rhetoric may not shield him from accountability if tariffs worsen economic conditions.

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