📌 A LOOK BACK AT THE 2018–2019 TARIFF PERIOD
During 2018–2019, the U.S. imposed tariffs on Canadian exports, including:
• Steel
• Aluminum
These measures led to noticeable disruptions in cross-border trade between the two countries.
At the time:
– Trade volumes in affected sectors declined
– Supply chains faced higher costs and delays
– Some manufacturers adjusted production and sourcing
– Economic uncertainty increased across related
industries
The value of trade involved ran into tens of billions of Canadian dollars, highlighting how closely integrated U.S.–Canada manufacturing and supply chains are.
That episode showed how trade policy can have broad ripple effects, impacting exports, costs, and business confidence beyond just the targeted industries.
History suggests that large tariff changes tend to influence:
• Manufacturing activity
• Cross-border supply chains
• Business investment decisions
Shared for information and discussion purposes only.#TRUMP #TrumpCrypto #BTCVSGOLD #CPIWatch #MarketSentimentToday
