The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
the long turbulent road ahead for global trade and economics
The election of Donald Trump has introduced significant macroeconomic uncertainty, signaling a potential shift away from the neoliberal consensus on globalization and financial markets. Macro strategist Viktor Shvets, in his book "The Twilight Before the Storm," suggests we are entering a turbulent period that could last two decades, with a major reevaluation of global trade and economic policies underway. The implications of these changes will take years to fully materialize.
Trump's tariff threats on Canada raise inflation concerns for US consumers
President-elect Donald Trump's proposed 25% tariffs on Canadian and Mexican imports could significantly impact U.S. refiners, consumers, and Canadian producers, potentially leading to higher fuel prices and revenue losses. Experts express skepticism about the implementation of these tariffs, citing inflation concerns and the need to maintain energy costs ahead of the midterm elections. Canadian officials are urging immediate resolution of border issues to prevent unnecessary tariffs on exports.
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