As the trade war between the United States and Canada continues to escalate, President Trump is downplaying fears of a potential recession. In response to U.S. tariffs on Canadian goods, Canada has hit back with retaliatory tariffs, further straining the relationship between the two countries.
NBC News Correspondents Aaron Gilchrist, Gabe Gutierrez, Brian Cheung, and Elise Labott of the Council of Foreign Relations joined Meet the Press NOW to discuss the ongoing trade tensions. The panel highlighted the impact of the tariffs on both countries and the potential consequences for the global economy.
With Trump dismissing concerns about a recession, economists and experts are closely monitoring the situation to assess the long-term effects of the trade war. As tensions continue to rise, there is growing uncertainty about the future of the U.S.-Canada trade relationship.
For more updates on this story and other important news, visit NBC News for in-depth coverage. Businesses, policymakers, and individuals are closely following the developments in this trade war, as the implications could have far-reaching effects on both countries and the world economy.
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Video “Trump downplays recession fears as Canada hits U.S. with retaliatory tariffs” was uploaded on 03/12/2025 to Youtube Channel NBC News