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Escalating tariff war will push Canada's economy into recession, economists warn

Bloomberg
Canada's economy will face the most severe shock since the Covid-19 pandemic and will probably sink into a recession if tariff war persists, say top economists
Canada's Prime Minister Justin Trudeau addresses media following the imposition of a raft of tariffs by US President Donald Trump against Canada, Mexico and China in Ottawa on Feb. 1, 2025.
Canada's Prime Minister Justin Trudeau addresses media following the imposition of a raft of tariffs by US President Donald Trump against Canada, Mexico and China in Ottawa on Feb. 1, 2025.

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