TLDR Wake Me Up When the Tariffs End
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Jul 16, 2025 Arshy Mann, co-founder of The Hatchet, dives into the turbulent world of tariffs and trade, emphasizing the ongoing conflicts between Canada and the U.S. He outlines how Canadian officials are maneuvering through the latest challenges posed by rising tariffs. Additionally, Arshy discusses the intriguing rise of novelty merchandise at movie theaters, such as collectible popcorn buckets, and how theaters are enhancing experiences to appeal to younger audiences. It's a lively conversation filled with insights on both trade and entertainment!
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Canada Faces Rising U.S. Tariffs
- Canadian goods are facing significantly higher U.S. tariffs recently, worsening economic conditions.
- New tariffs include 50% on copper and 35% on non-free-trade-compliant goods, impacting many sectors.
Tariff Rates Skyrocket
- U.S. effective tariffs on Canadian goods jumped from about 1.2% to 14% recently.
- This hike includes steep tariffs on potash, autos, steel, aluminum, and threatened tariff increases on copper.
Canada's Strategy: Compliance for Stability
- Canada's PM Carney aims to quickly negotiate tariff removal for economic stability.
- The government has often complied with U.S. demands to advance talks, like scrapping the digital services tax.