Prime Minister’s candidate: ‘Canadians are known for forgiveness but we will not go down’
Trump’s fees are eraseing a patriotic outside among Canadians who are so angry about “unjustified” and “badly conceived” tasks that they are boycotting American products, said Canadian politician Karina Gould.
“As Canadian, we think the relationship with the United States, faith has been broken,” Gould, Gould, a member of the Canadian Liberal Party and a candidate for prime minister, told CNBC’s Squawk Box on Thursday morning.
“I’ve never seen this kind of patriotism in Canada, where you have a few older ladies going to the grocery store and choosing to buy Canadian products over American products,” she said.
“You know, the Canadians are known for forgiveness, but we will not withdraw now, and we will not apologize for the protection of our economy, our affairs and our way of life.”
Gould also dismissed the questions whether Canada should consider throwing some of the fees it already had on US products to strengthen its issue.
She noted that Trump is baseing Fentanil’s alleged traffic tariffs from Canada, although the “small amounts” come to the US through the northern border.
“But if this is what he is interested in, then let’s join an inspection team on the border to inspect any truck going south for Fentanyl and any truck coming north for illegal weapons,” she said.
â € ” Kevin Breuninger
The uncertainty of the trade weighing the chip companies, the author of the ‘war chip’ says
The semiconductor industry is particularly susceptible to tariffs due to how its supply chains are globally integrated, according to Chris Miller, Tufts Fletcher Schooler Professor and ‘Chip War’ author.
Even if the chips are collected in the US, many of the ingredients used are not manufactured in the US, noted Miller.
“The complexity of the supply chains makes the creation of a tariff policy about external carving very, very difficult, which is why the industry hopes there will be no change at all – because they are structured around the assumption that you can move the goods back and forth without this kind of uncertainty tariffs,” said Miller “Squwk Box”. Thursday ..
“Hakyung kim
The White House weighs tariff exceptions for some agricultural goods, the report said
US Secretary of Agriculture Brooke Rollins speaks with members of the press outside the White House in Washington, DC on February 14, 2025.
BRYAN DOZIER | AFP | Getty Images
The White House is considering exceptions to some agricultural goods from tariffs in Mexico and Canada, according to Bloomberg News.
“Regarding specific exceptions and engraving for the agricultural industry, perhaps to determine potassilizer and fertilizer, et Cetera,” said the Secretary of Agriculture Brooke Rollins on Wednesday, according to Bloomberg. Canada is a major source of fertilizer supplies for the American agricultural industry.
A White House spokesman also said Wednesday that Trump was “open” for more tariff exemptions after delaying vehicle industry taxes for a month.
â € ”jesse pound
Stellantis said it will build ‘more American cars’
A Jeep Rubicon vehicle in a Jeep trade in Richmond, California, SH.BA, Monday, March 3, 2025.
Bloomberg | Bloomberg | Getty Images
motorist Stellantis Thanks to President Donald Trump for excluding one-month tariff for automotive and vowed to grow his business in the US
“We share the president’s target to build more US cars and create sustainable US jobs. We look forward to working with him and his team,” the company said in a statement.
Jeep and Dodge-Maker shares were declining 1.6% in early trading Thursday after earning 9.24% on Wednesday.
â € ”Michelle Fox
Surveys show concerns that grow between business executives for tariffs and trade
In an air view, the target logo appears on the outside of a target store on March 5, 2025 in Albany, California.
Justin Sullivanâ | Getty Images
Tariffs are weighing a lot in the minds of business executives, with concerns expressed in numerous surveys this week to increase costs and the inability to spend higher prices for consumers.
“Incoming tariffs are making our products rise in price. Increasing inclusion prices are coming from suppliers. Most are noticing job costs,” said a shopping manager in the Sector of Machinery in the ISM Survey for February. “Inflationary pressures are worrying. Our company is working diligently to see how new tariffs will affect our business.”
This response was representative in all reports that showed constant expansion throughout the economy, but raising concerns that President Donald Trump’s trade policy.
Concerns about new tasks were not limited to the production sector. In the ISM service survey, business leaders also showed the feeling that price increases are coming, with potentially negative impact on benefit.
“Tariffs will have a pale effect that can severely damage our business,” said a technology manager.
“Business seemed to be emerging after the election, but uncertainty after the election seemed to bring the wind out of our sales,” with uncertainty again, added a representative from the professional, scientific and technical fields of services.
In the periodic book of the Federal Reserve Beziga see economic conditions, there were more than 50 mention of trade policy tariffs or concerns.
“Many contacts reported difficulties in determining prices and noticed uncertainty about costs, mainly as a result of the insecure international trade policy,” Atlanta Fed reported. “Most firms said they expected to spend most of any extra cost to customers.”
Chris Williamson, leading business economist at the S&P Global Market Intelligence, noted that the firm’s monthly survey showed expanding services, but at a much slower pace, with business leaders concerned about tariffs.
“Adding the most gloomy figure in February was a sharp increase in costs, which companies were often unable to spend to customers because of poor demand,” he said. “While this reduced price power is good news for inflation, it’s potentially bad news for profit.”
â € ”Jeff cox
