Trump tariff proposal could cost Canadians $1,100 per year, report warns --[Reported by Umva mag]

10% tariff on U.S. imports would have significant impact on productivity, prices and incomes in both countries

Oct 8, 2024 - 10:48

Trump tariff proposal could cost Canadians $1,100 per year, report warns --[Reported by Umva mag]

An election policy proposal from Donald Trump that would apply a 10-per-cent tariff on all U.S. imports could have wide-ranging economic consequences for the Canadian and U.S economies, including a loss of real annual income of $1,100 (US$800) for people on both sides of the border, a new report argues. Read More

The following news has been carefully analyzed, curated, and compiled by Umva Mag from a diverse range of people, sources, and reputable platforms. Our editorial team strives to ensure the accuracy and reliability of the information we provide. By combining insights from multiple perspectives, we aim to offer a well-rounded and comprehensive understanding of the events and stories that shape our world. Umva Mag values transparency, accountability, and journalistic integrity, ensuring that each piece of content is delivered with the utmost professionalism.