
Goldman Sachs Highlights Winners and Losers of Trade Wars
A recent report from Goldman Sachs has captured the attention of analysts and the economic community at large, as it outlines both the winners and losers of the tariff wars that have erupted between the United States and other countries. According to the bank, the tariffs implemented by the Trump administration on Chinese goods have had a significant impact across various industries, particularly highlighting a shift in consumer behavior.
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Trudeau Responds to Trump: Canada Will Not Back Down in Trade War and Calls Tariffs "Very Dumb"
Canadian Prime Minister Justin Trudeau has stated that his country will not back down in the trade war with the United States, despite Washington imposing tariffs on steel and aluminum. In a recent interview, Trudeau emphasized that Canada is shocked by the actions of the U.S. authorities, which he believes threaten free trade and economic ties between the countries. He described the introduction of import duties as "very dumb" and short-sighted steps that could damage both economies.
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