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Podcast: #IMALLIN Podcast
Episode: What Now? - Are Tariffs Going To Send Us Into An Extended Freight Recession?
Description: Here's some research on what Tariffs can/will do to the North-American Economy. IS THIS AN OPPORTUNITY for those who pivot? Only time will tell! ## Tariffs SummaryOverview of TariffsA 25% tariff will be imposed on all Canadian imports starting March 4, 2025, except for energy products, which will face a 10% tariff.Impacts on the U.S. Economy:- Inflation: The tariffs could raise U.S. consumer prices by 0.5%-0.7%, pushing inflation closer to 3% by late 2025.- Economic Growth: Estimated to reduce U.S. GDP growth by 0.6%-1% over the n...