Trade war takes a break - impacts on Canada, Mexico & the US

In this episode, Dave Hutch and Daniel Foch delve into the complexities of tariffs, particularly focusing on the recent U.S. tariffs and the retaliatory measures taken by Canada and Mexico. They explore the implications of these tariffs on trade, the economy, and real estate investments, while also discussing the role of social media in shaping public perception. The conversation highlights the potential long-term effects of tariffs on inflation and regional economies, as well as predictions for interest rates and economic recovery. Key words: tariffs, Canada, U.S. trade, economic impact, inflation, interest rates, regional effects, social media, trade war, investment opportunities Tariffs are a complex issue that affects multiple sectors. Canada's response to U.S. tariffs includes significant retaliatory measures. The economic impact of tariffs can lead to inflation in the U.S. and deflation in Canada. Interest rates in Canada are expected to drop significantly due to economic pressures. Regional economies in Canada will be affected differently by tariffs, with Ontario being the most vulnerable. The weaker Canadian dollar may cushion the impact of tariffs on trade. Long-term effects of tariffs could reshape investment opportunities in North America. Social media plays a significant role in public discourse about tariffs and trade. The automotive industry is particularly vulnerable to tariff impacts due to its interconnected supply chain. Future discussions may include the effects of tariffs on global real estate markets.