According to the government’s calculation in Ottawa, this results in income of $ 8 billion, which will flow entirely to the Canadian automotive sector. The country’s car production has become a crisis through the tariffs. The manufacturer Stellantis has the work in a work that produces Vans for the US market in Windsor Vans for two weeks. 4500 employees are temporarily released. There are also 900 employees in US factories, who are also temporarily sent home due to the production break in Canada. Stellantis also lets work in a work in Toluca, Mexico, rest during the entire month. In the meantime, the United States is increasing the signs that the country could slip into a recession. Ryan Sweet from Oxford Economics published a short analysis that, according to the American, is dangerously close to a recession. Window purchasing power of consumers, poorer credit conditions and a customs environment that suffocates investments and plans for settings, he calls risk factors. On Thursday afternoon, 55 percent of investors on the Kalshi betting market that the American economy will be recorded by a recession this year. To do this, the economic output must shrink in two of each other. The first signs of weakness are also evident on the labor market. The number of unemployment help recipients has climbed to the highest value since 2022. According to Trump, dramatic burglaries on the stock exchange are no reason to worry. “The markets will boom,” he said in the White House when he made his way to Florida for the weekend. “I think things are going very well,” Trump replied to his tariffs. Vice President JD Vance said in an interview on Thursday that the tax cuts sought by Trump would not be compensated for the tariffs, but would help consumers to cope with the “cost of inflation”. In unusual sharpness experts, Trump’s historical tariffs await the prices for US households and dampen the economic growth. When asked about possible price increases, Vance said that the White House was working on the “greatest deregulation in the history of this country”. He asked for understanding “that we will not put things in order overnight.” But in the end, people would feel deregulation in the wallet. The jobs of the Americans would be safer because “abroad can no longer take advantage of us”, said Vance on the Fox & Friends television program. The dollar usually increases when the US government is building barriers. The Economist Greg Mankiw attributes this to the fact that politics has weakened the trust of investors in the US economy. This is also the reason why the US stock market loses value compared to the stock markets abroad. “If a government that I belonged to had introduced an economic policy that was so completely unfounded by serious analysis or so dangerous and harmful, I would have resigned in protest,” said Harvard professor Larry Summers on X, who was finance minister under Bill Clinton and served Barack Obama as chief consultant. It is now clear that the Trump government has calculated the reciprocal tariffs without using customs tariff data. “For the economy, it is like creationism for biology, astrology for astronomy,” continues Summers. Trump’s customs policy would make little sense, even if one believes in protectionist mercantilistic economy. The chief of the International Monetary Fund (IMF) gave the tariffs a “considerable risk” for the global economy. At a time, they were “clearly a considerable risk of global views”, said Kristalina Georgieva on Thursday. It is important to avoid steps that could cause further damage to the global economy. The ruthlessness of the Trump-Zölle shows that Lesotho has been occupied by one of the poorest countries in the world with one of the highest tariffs. The United States demands 50 percent of the country that is dependent on the export of diamonds and textiles. The customs increase will “have significant socio -economic consequences for the Lesothos economy,” said the country’s Ministry of Commerce. The South African Minister of Industrialists Parks Tau expressed it even more clearly: Trump’s tariffs will “literally destroy Lesotho,” he said in a radio address.
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