Chicago’s Timothy P. Sheehan put forward a congressional resolution calling for the annexation of Canada by the United States.
Canada looks set to pick a measured former central banker to deal with the threats President Donald Trump’s tariffs pose against a pillar of Western free trade.
From breweries to farms, businesses are bracing for higher costs as well as product and supply chain disruptions — and the hits could affect what consumers pay.
This is the second one-month postponement Trump has announced since first unveiling the import taxes in early February.
Economist Julián Diaz expects costs to go up for shoppers on any item that crosses the border from Canada or Mexico if the tariffs take effect.
Trump has whipsawed on tariffs in recent days, imposing sweeping levies on Tuesday before paring back some of them, including goods from Mexico and Canada covered under the countries' USMCA trade agreement. Canadian Prime Minister Justin Trudeau slammed the new tariffs as “very dumb” earlier this week.
President Donald Trump went forward with sweeping tariffs at midnight on goods imported from Canada and Mexico, while doubling down on punitive duties on China.
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