Quotes
People generally don’t understand how dependent the global economy is for those kinds of intermediate goods, raw materials, that we sort of take for granted,
Willy Shih, an economist at Harvard Business School, told PackagingDive.com Given the wide-ranging negative implications for industrial production in the U.S., we expect this is unlikely to happen in practice,
the Bernstein analysts said Total impact to #gasprices in these areas could be 25-75c/gal, dependent on season and refining factors as well if tariffs go through,
There is probably not a single assembly plant in Michigan, Ohio, Illinois and Texas that would not immediately be affected by a 25 percent tariff.”
Patrick Anderson, chief executive of Anderson Economic Group, a consulting firm in Michigan, told the New York Times They need to understand where their exposures are,
You are really lucky that Canada is the country that sells you oil and gas and electricity,
Freeland told CNBC's "Squawk on the Street" on Tuesday It appears there’s a temporary pause on tariffs against Mexico and Canada. However, tariffs on China are likely to take effect on February 4, and President Trump has signalled additional tariffs against the EU and others. So yes, we could be heading into a trade war,
Nadjibulla told Al Jazeera But beyond the immediate crisis, we need to work on structural issues that led to this over-dependence on the US. We need to build capacity to export [to places other than the] US and invest in our own competitiveness,
Fundamentally it’s very good news that tariffs have been paused and Canada needs to do everything possible to engage with Trump – work on border security issues etc,
Vina Nadjibulla, vice president, research and strategy at the Asia Pacific Foundation of Canada, told Al Jazeera Yes. Both the tariffs themselves and any mitigation measures – such as subsidies or support programmes for affected sectors – will contribute to inflation,
I just spoke with President Claudia Sheinbaum of Mexico. It was a very friendly conversation wherein she agreed to immediately supply 10,000 Mexican Soldiers on the Border separating Mexico and the United States,
Trump wrote on Truth Social on Monday Consumers will shoulder much of the burden through higher prices, but businesses will also feel the impact. Industries such as the Canadian and US auto sectors may be especially hard-hit,
Nadjibulla from the Asia Pacific Foundation of Canada said Where possible, buying local products and avoiding certain imports may help consumers manage rising costs,
Nadjibulla told Al Jazeera During 2018-2020, President Trump mainly used tariffs as a bargaining chip,
Nadjibulla told Al Jazeera China is not afraid of the US in the tariff war, and in the past seven years we have known that Trump will push further,
said Wang Wen, the dean of the Chongyang institute for financial studies at Renmin University in Beijing While we are not as pessimistic as many in markets on the impact of tariffs on China’s growth trajectory, it’s likely that for China to be able to see stable growth in 2025, we will need to see the domestic demand side picking up the slack.”
Economists at Ing noted earlier this month When the US tariffs took effect, China launched another tariff. I think it is quite normal,
Steven Leung of UOB Kay Hian, a Singaporean brokerage firm, told Reuters A tariff that makes no sense from one perspective might be entirely wise and effective from another,
American Compass’s Oren Cass contended on an X thread Well, how do you like them apples?”
Vice President JD Vance asked on Monday Number one is the people that have poured into our country, so horribly and so much … number two are the drugs, fentanyl and everything else that have come into the country … and number three are the massive subsidies we’re giving to Canada and Mexico over deficits,
Trump said in the Oval Office on Thursday
