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US tariffs on Canada expected to drive inflation

Original: ⚡ NEWS US Tariffs on Canada Expected to Drive Inflation Expert Karan Ramchandani warns that Trump's proposed import bans

Economist Karan Ramchandani has warned that proposed US tariffs on Canadian imports, including dairy, alcohol and automobiles, would likely push up inflation. She argues the tariffs would raise production costs for American businesses, which would then be passed on to US consumers, amid an ongoing trade dispute with Canada.

Why now: Ongoing US-Canada trade tensions have put new tariffs and their economic impact in the spotlight.

Karan RamchandaniDonald TrumpUnited StatesCanada

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Evidence

• ⚡ NEWS US Tariffs on Canada Expected to Drive Inflation Expert Karan Ramchandani warns that Trump's proposed import bans on Canadian dairy, alcohol, and automobiles will likely trigger inflation by raising production costs for US businesses and consumers amid ongoing trade… · GeoWire · 3

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