Canada’s economy in flux as Trump starts cutting tariff deals


Source: theglobeandmail.com theglobeandmail.com

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Open this photo in gallery: Trucks cross the Ambassador Bridge from Windsor, Ont., to Detroit, on April 2.JEFF KOWALSKY/AFP/Getty Images Having threatened to blow up global trade, U.S. President Donald Trump appears to have gotten cold feet. Over the past month, he’s paused his steepest tariffs, granted carve-outs for crucial industries and begun cutting deals – including a blockbuster announcement on Monday that saw the U.S. lower its duties on Chinese goods to 30 per cent from 145 per cent for three months, with China making a similar concession. Dialling down the temperature in the global trade war has improved...