Morgan Stanley Notes Impact of U.S. Tariffs on Canada's Labor Market
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(MT Newswires) -- The coming week will mark six months April 2, when the United States President Donald Trump imposed broad, global tariffs, pushing these taxes to their highest level since the 1930s, said Morgan Stanley. In Canada, the trade-related slowdown is already manifesting itself: the economy lost more than 100,000 jobs in July and August, and the weakness was widespread in August, expanding beyond the directly trade-affected sectors, stated the bank.
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