 Higher prices for the goods to which tariffs apply, negative effect on GDP growth, negative effect on jobs numbers, continued stock market underperformance. 

If Trump is actually going to do unilateral <a href="https://www.nationalreview.com/news/trump-confirms-25-percent-tariffs-on-canada-mexico-will-start-tuesday/" target="_blank" rel="noopener">tariffs</a> on Mexico and Canada tomorrow — remember, he said once before that there was nothing they could do to avoid them and then changed his mind, and the whole thing is legally questionable and could be stopped by the courts — here’s what I expect the economic effects to be:

Higher prices for the goods to which tariffs apply, negative effect on GDP growth, negative effect on jobs numbers, continued stock market underperformance.{ai:summary}<p>Imposing unilateral tariffs on Mexico and Canada is expected to lead to higher prices for goods, minimal impact on inflation, and negative effects on GDP growth and job numbers. The tariffs could raise input costs for industries, potentially leading to layoffs and reduced hiring.</p><p>The stock market is also projected to continue underperforming, contradicting claims of economic success. Investments in major indices show a decline since the last presidential election, highlighting concerns over the economic implications of tariffs. #economy</p>

The Corner: My Expectations for the Economic Effects of Tariffs

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