“Bad for the economy”: Canadian businesses brace for impact of Trump’s tariffs

https://www.youtube.com/channel/UChLtXXpo4Ge1ReTEboVvTDg https://ift.tt/AVYToCg Canadians are bracing for the impact that Saturday night's tariff and counter-tariff announcements will have on the economy. “I think this will be bad for the economy, I think there will be job loss, I think there will be less money in people’s pockets. I think it will be in the order of a regular recession,” says University of Toronto economics professor Peter Morrow. Morrow says among the worst hit will be the auto industry. Global’s Nivrita Ganguly has more. For more info, please go to https://ift.tt/kTfmGut Subscribe to Global News Channel HERE: http://bit.ly/20fcXDc Like Global News on Facebook HERE: http://bit.ly/255GMJQ Follow Global News on X HERE: http://bit.ly/1Toz8mt Follow Global News on Instagram HERE: https://bit.ly/2QZaZIB #GlobalNews #trumptariffs