Quotes
Human behavior is very difficult to model and predict. Trade economists had it pretty easy for 30 years. But we don’t have models for this new world,
said McDaniel
Is this going to spiral out of control?”
Kent Smetters, faculty director of the nonpartisan Penn Wharton Model, told CNN in an interviewThey understand tariffs are bad for their economies. That could be a natural break in this tit-for-tat,
said LovelyThe broad-sweeping assault on allies instead of adversarial and rival nations has CEOs dismayed and embarrassed,
Sonnenfeld said in an emailThis is Donald Trump’s Windex. He sprays it on everything,
Lovely said, likening the president’s love of tariffs to the dad in “My Big Fat Greek Wedding” who thinks Windex can solve any problemThe president is in a tight spot, and every tariff (or threatened tariff) makes his position more difficult,
Simon Johnson, head of MIT’s Global Economics and Management group, told CNN in an emailThis game has exploded into other areas,
said Mary Lovely, senior fellow at the Peterson Institute for International EconomicsOf course I will respond.”
Asked about the retaliatory EU tariffs, Trump saidThe last few weeks have reminded us that trade is emotional. Countries can take things personally. And there are big personalities involved these days,
said Christine McDaniel, senior research fellow at George Mason University’s Mercatus Center and a former trade official under President George W. BushToday, I am announcing that the government of Canada, following a dollar-for-dollar approach, will be imposing, as of 12:01 a.m. tomorrow, March 13, 2025, 25 percent reciprocal tariffs on an additional C$29.8 billion ($20.7 billion) of imports from the United States.
LeBlanc said
The markets are going to learn, let the dealmaker make his deals,
he said ... said in the interview with CBSThe President of the United States in the White House says ... Oh, no, you won't," and breaks him,
Lutnick saidJared Kushner is a big help to me … he's absolutely helping me,
said Lutnick to System Update reporter Michael Tracey in OctoberThat's why you can never go back into business because it seems like small potatoes, no matter how big it is, including even Cantor Fitzgerald,
Trump jokedThis includes steel products worth C$12.6 billion and aluminum products worth C$3 billion as well as additional imported U.S. goods worth C$14.2 billion.
He addedThere are at least six or seven projects that are emerging in Canada in the event we're not able to come to a partnership agreement with the U.S.,
Smith said
The truth is we're looking in every direction right now except the United States in relation to our priorities,
Jean saidI don't think any of us want to see a communist, totalitarian regime become a world, global leader in AI,
the premier said_(cropped).jpg)
In every single meeting, I will raise the issue of tariffs to coordinate a response with the Europeans and to put pressure on the Americans,
said Mélanie Joly, Canada’s minister of foreign affairs
The president feels strongly, and I personally agree, that we have made some decisions when it comes to trade policies that have led to the deindustrialization of America and have left us deeply vulnerable to any sort of interruptions,
Rubio said