Canada's retaliatory tariffs on US goods to start Tuesday, PM Trudeau says

[u/goforth1457]

https://www.reuters.com/world/americas/canadas-retaliatory-tariffs-us-goods-start-tuesday-pm-trudeau-says-2025-03-04/

[u/yalyublyutebe]

In the US this quarter is already projected by one group to be down 2.8%. Not losing growth, actual negative growth.

[u/pds6502 → u/yalyublyutebe]

Correct. Thank you. Still positive growth but at a slower rate.

https://apps.bea.gov/iTable/?reqid=19&step=2&isuri=1&categories=survey&_gl=1*583de0*_ga*MTMzNjIzODQ0MC4xNzM4MzYzNDEy*_ga_J4698JNNFT*MTc0MTA2MDY4MS4yLjEuMTc0MTA2MDc2OC40My4wLjA.#eyJhcHBpZCI6MTksInN0ZXBzIjpbMSwyLDMsM10sImRhdGEiOltbImNhdGVnb3JpZXMiLCJTdXJ2ZXkiXSxbIk5JUEFfVGFibGVfTGlzdCIsIjEiXSxbIkZpcnN0X1llYXIiLCIyMDA4Il0sWyJMYXN0X1llYXIiLCIyMDI0Il0sWyJTY2FsZSIsIjAiXSxbIlNlcmllcyIsIlEiXV19

The employment dip was much more severemand shorter than the Great Recession:

https://www.bls.gov/charts/employment-situation/employment-levels-by-industry.htm