Feb 11 2025 11 mins
As the threat of tariffs has been evolving, economists have been busy assessing the potential economic fallout. In this episode, RBC Economics’ Carrie Freestone and Claire Fan discuss:
-What we know about the tariffs announced, what retaliation could look like and how these forces will impact both the Canadian and U.S. economies.
-What Bank of Canada Governor Tiff Macklem said in the January meeting about how the Bank could respond.
-How markets reacted to tariff news and how we are assessing the balance of risk between a hit to demand and price pressures arising from potential policies.
Join us as we unpack how we’re thinking about the potential damage from a trade war.
-What we know about the tariffs announced, what retaliation could look like and how these forces will impact both the Canadian and U.S. economies.
-What Bank of Canada Governor Tiff Macklem said in the January meeting about how the Bank could respond.
-How markets reacted to tariff news and how we are assessing the balance of risk between a hit to demand and price pressures arising from potential policies.
Join us as we unpack how we’re thinking about the potential damage from a trade war.