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Trump's global trade war hurting ‘Americans first... China second’: Economist

  • Canada's former top trade negotiator Steve Verheul stated that coordinated global responses could pressure President Donald Trump to retreat from tariffs sooner, indicating Trump's vulnerability to market pressures.
  • Despite a 90-day pause on tariffs, a 10 percent universal tariff remains in effect, along with significantly raised tariffs on Chinese imports.
  • Prime Minister Mark Carney described the pause as a 'welcome reprieve for the global economy' and mentioned that negotiations would begin post-Canada's April 28 election.
  • Beijing's retaliatory tariffs escalated the ongoing trade war between the U.S. And China.
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Winnipeg Free PressWinnipeg Free Press
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Trump's tariff turnaround shows he's vulnerable to pressure, says former negotiator

Breaking News, Sports, Manitoba, Canada

·Winnipeg, Canada
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WTX News broke the news in on Wednesday, April 9, 2025.
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