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As the U.S. presidential election approaches, the economic implications of Trump's proposed tariffs are under scrutiny. This analysis explores the potential impacts on inflation, GDP, employment, and consumer confidence. It highlights how trade policies may lead to economic disruptions and recession, particularly affecting industries reliant on imports. The findings underscore the significant risks involved in the proposed tariff increases.

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An analysis of the USMCA's impact on U.S. agriculture reveals market access improvements tempered by the threat of retaliatory tariffs. As agricultural exports face challenges from trading partner reactions, the policy raises important questions about future market dynamics and sector stability, highlighting both gains and losses in the changing landscape.

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Globalization has transformed economies and societies worldwide, with far-reaching effects. This exploration delves into the various forms globalization takes, its historical context, and the dynamic relationship between Canada and global economic trends, highlighting key events, policy responses, and the ongoing debates surrounding its impact on national sovereignty and economic independence.

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The 2024 World Trade Report discusses trade and its role in promoting inclusiveness within and between economies. The report emphasizes the necessity for complementary domestic policies to ensure that the benefits of trade are more widely distributed, ultimately aiming for a more equitable global economy where the advantages of trade are accessible to all.