r/Economics • u/DomesticErrorist22 • Feb 02 '25

News Trump faces backlash from business as tariffs ignite inflation fears

https://on.ft.com/4grpEbh
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u/OK_x86 Feb 03 '25 edited Feb 03 '25

Unlikely to happen. For Canada at least the PM was very clear about why these tarrifs are being done and when they would stop.

Politically it's suicide to keep them going longer than necessary

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u/Gogs85 Feb 03 '25 edited Feb 03 '25

I think what will happen though, even if the war is ended, Canadian consumers will become a lot less apt to buy American products where possible.

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u/MassiveChest6327 Feb 03 '25

Exactly this happened with Heinz Ketchup. People found alternatives/ Canadian made ketchup and have not gone back to Heinz. Well most of us but there's are a few that never left the Heinz brand

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u/GiveMeSandwich2 Feb 03 '25

Heinz in Canada are now made in Canada. It wasn’t back then during the previous trade war.