Articles on Tariffs

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Japanese Prime Minister Shinzo Abe has played a lot of golf with President Donald Trump over the past two years. Japan's Cabinet Public Relations Office via Kyodo/via Reuters

Trump for the Nobel Peace Prize? Japan’s nomination is part of a strategic plan

Japanese Prime Minister Shinzo Abe needs the US to confront North Korea, revitalize Japan's economy and boost his standing at home. And he knows flattery is the way to this president's heart.
Economists and Wall Street workers fear a recession is underway. Reuters/Brendan McDermid

Could a recession be just around the corner?

Financial markets are increasingly worried the US economy is heading for a crash. An economist explains what's got investors spooked.
Prime Minister Justin Trudeau and Minister of Foreign Affairs Chrystia Freeland hold a news conference on the United States Mexico Canada Agreement (USMCA) in Ottawa on Oct. 1, 2018. THE CANADIAN PRESS/Justin Tang. THE CANADIAN PRESS/Justin Tang

How the new USMCA strengthens Canada in future trade deals

The USMCA, while imperfect, is overall a positive development for Canada. It has a number of structural elements that may very well leave us stronger when negotiating trade pacts in the future.
Prime Minister Justin Trudeau and Minister of Foreign Affairs Chrystia Freeland arrive to hold a news conference on the United States Mexico Canada Agreement (USMCA) in Ottawa on Oct. 1, 2018. THE CANADIAN PRESS/Sean Kilpatrick

The winners and losers in the new NAFTA

Who are the winners and losers in the new USMCA? It's complicated, but one thing's for certain: Canada should never again allow itself to be overly dependent upon one trading partner.
Prime Minister Justin Trudeau gives a thumbs up as he arrives on Parliament Hill the morning after an agreement was reached on a new trade deal with Mexico and the U.S. THE CANADIAN PRESS/Justin Tang

NAFTA has been replaced, but at what cost to Canada?

The relief that the U.S. didn’t make things even worse for Canada in the new NAFTA should be tempered by the realization that the moment of reckoning hasn’t passed; it’s only been postponed.
Tariffs may help certain industries, but their broader impact on middle- and lower-income consumers is generally harmful. Reuters/Lawrence Bryant

How Trump’s trade war affects working-class Americans

The president says he's fighting his trade war because a generation of free trade has failed working-class Americans. An economist explains why tariffs will only make things worse.
Heinz is why ketchup seemed to become distinctly American. Reuters/Mike Blake

A brief history of ketchup

Canada recently slapped a tariff on US exports of the tomato-based condiment, and the EU plans to do the same, perhaps on the notion that it's distinctly American. In fact, ketchup’s origins are global, as are its fans.

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