The Impacts Of Tariff Liberation Day II On Asia & Canada

Asian economies that would have been hard-pressed to thrive under President Trump’s tariffs can celebrate the Supreme Court’s ruling that they’re unconstitutional. While that’s a net positive for these and other affected nations, William explains, tariff-related uncertainties remain. Sector-specific tariffs, versus country-specific ones, are permissible under the ruling, and Team Trump has a Plan B. … Also: Canada’s Prime Minister Mark Carney faces difficult challenges given Trump’s desire to renegotiate the trade agreement that shields Canada from US tariffs and Trump’s “Donroe Doctrine” ambitions to assert US primacy in the Western Hemisphere.