Canadian economist David Gray has raised concerns that President Donald Trump's tariffs could plunge Canada into a recession. 📉 According to Gray, not only would this be detrimental to Canada's economy, but it could also stir economic chaos within the United States. 😲
\"Introducing tariffs that harm our economic stability does not align with the US's own interests,\" Gray stated during his interview with CGTN.
The potential recession in Canada could lead to decreased trade, job losses, and reduced consumer spending, which in turn, would negatively impact the US economy. Gray emphasizes the importance of collaborative economic policies to ensure mutual growth and stability. 🌐💼
As global markets become increasingly interconnected, the ripple effects of such tariffs could extend beyond North America, influencing international trade dynamics and economic trends worldwide.
