trade war
Trade war, slumping border traffic: What does that mean for the Gordie Howe bridge?
Amid U.S. President Donald Trump’s tariffs which have triggered a trade war with Canada, cross-border trips have plummeted ahead of the expected opening this fall of the new international bridge linking the two countries. Canadians — not Americans — are footing the entire bill for the Gordie Howe International Bridge. In 2024, the price tag rose approximately $700 million to a total of $6.4 billion, according to the Windsor-Detroit Bridge Authority (WDBA). While an exact opening date has yet to be released, September has been the target. The original November launch’s delay was pegged toRead more
Trump is starting a trade war. If he wants to absorb Canada, what comes next will be worse
The first shots of the trade war between the United States and Canada have been fired. Whether it escalates beyond the planned 25 per cent tariff into a wider economic war depends upon how genuinely serious President Donald Trump is about annexation, experts say. Tariffs are one thing. While painful and destructive, experts agree duties alone would not crush the Canadian economy, nor the political establishment, into submission. Prior to his inauguration, Trump threatened to use “economic force” to compel Canada to become the 51st state in the union. ThatRead more