While many Canadian companies are hurting because of the trade war, some are booming as clients look for ways to avoid doing business in the U.S.
They’re trying to justify price increases while also avoiding controversy.
On the surface, the numbers look contradictory, but the reasons they behaved as they did can tell us something about the tariff-era economy.
The stated purpose of Trump’s import levies is to draw production back to the U.S. from around the world. Benzene illustrates that it won’t work with all products.
Companies may have to shift more production to the U.S. or sales to other countries. Coordination among partners, though, may be difficult.
Companies will need workers with the right skills — and will need to invest in training them.
The new console is set to be released in June. It will have new video chat and game sharing features, but it will not come cheap.
Manufacturers are optimistic, partly because of tariffs. In services, execs are glad the winter is over but not bullish on the full year.
The Fed’s Empire State manufacturing index shows weakness in demand and employment, possibly tied to the prospect of tariffs.
Chinese manufacturers tell Marketplace how they are coping with the additional U.S. tariffs.
