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Economic Impact of U.S. Tariffs on Canada and Mexico
This chapter provides a comprehensive analysis of the economic ramifications of U.S. tariffs imposed on Canada and Mexico, especially focusing on the auto sector and a temporary reprieve for certain goods. It outlines the Canadian government's countermeasures and how businesses are adapting to rising costs and currency volatility. The discussion also explores the broader implications for economic growth, inflation risks, and strategies employed by Canadian companies to navigate these challenges.