Trump's 50% Duty to Weigh Slightly on Canada GDP Growth

Dow Jones

Jul 23

1335 ET - Oxford Economics is the latest forecasting firm to play down the economic impact for Canada from President Trump's plan to impose a 50% tariff on a range of Canadian-made goods. The 50% tariff targets a select group of goods. Should they be implemented as planned on Aug. 19, the impact would shave about 0.2 percentage points from Canada's level of GDP in 2027, Oxford says. Further, the tariff could reduce growth next year by up to 0.2 percentage points, through weaker exports and business investment. "The targeted nature of the tariffs means the biggest impacts would be at the sectoral and regional level," Oxford says. The firm projects Canada-based plastics, electrical machinery, forest products and beverage companies to be most affected. (paul.vieira@wsj.com; @paulvieira)

(END) Dow Jones Newswires

July 22, 2026 13:35 ET (17:35 GMT)

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.0a0bd8dc.png","ogUrl":"https://www.etasphere.com/news/2653110762"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2653110762\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2653110762?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-07-23 01:35","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2653110762","market":"sg","top_or_hot":-1,"title":"Trump's 50% Duty to Weigh Slightly on Canada GDP Growth","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     1335 ET - Oxford Economics is the latest forecasting firm to play down the economic impact for Canada from President Trump's plan to impose a 50% tariff on a range of Canadian-made goods. The 50% tariff targets a select group of goods. Should they be implemented as planned on Aug. 19, the impact would shave about 0.2 percentage points from Canada's level of GDP in 2027, Oxford says. Further, the tariff could reduce growth next year by up to 0.2 percentage points, through weaker exports and business investment. \"The targeted nature of the tariffs means the biggest impacts would be at the sectoral and regional level,\" Oxford says. The firm projects Canada-based plastics, electrical machinery, forest products and beverage companies to be most affected. (paul.vieira@wsj.com; @paulvieira) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  July 22, 2026 13:35 ET (17:35 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Trump's 50% Duty to Weigh Slightly on Canada GDP Growth</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTrump's 50% Duty to Weigh Slightly on Canada GDP Growth\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-07-23 01:35</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     1335 ET - Oxford Economics is the latest forecasting firm to play down the economic impact for Canada from President Trump's plan to impose a 50% tariff on a range of Canadian-made goods. The 50% tariff targets a select group of goods. Should they be implemented as planned on Aug. 19, the impact would shave about 0.2 percentage points from Canada's level of GDP in 2027, Oxford says. Further, the tariff could reduce growth next year by up to 0.2 percentage points, through weaker exports and business investment. \"The targeted nature of the tariffs means the biggest impacts would be at the sectoral and regional level,\" Oxford says. The firm projects Canada-based plastics, electrical machinery, forest products and beverage companies to be most affected. (paul.vieira@wsj.com; @paulvieira) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  July 22, 2026 13:35 ET (17:35 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"FXC","symbol_name":"加元ETF-CurrencyShares","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2653110762","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2653110762","pubTimestamp":1784741700,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"1335 ET - Oxford Economics is the latest forecasting firm to play down the economic impact for Canada from President Trump's plan to impose a 50% tariff on a range of Canadian-made goods. The 50% tariff targets a select group of goods. Should they be implemented as planned on Aug. 19, the impact would shave about 0.2 percentage points from Canada's level of GDP in 2027, Oxford says. Further, the tariff could reduce growth next year by up to 0.2 percentage points, through weaker exports and business investment. \"The targeted nature of the tariffs means the biggest impacts would be at the sectoral and regional level,\" Oxford says. The firm projects Canada-based plastics, electrical machinery, forest products and beverage companies to be most affected.  Dow Jones NewswiresJuly 22, 2026 13:35 ET Copyright  2026 Dow Jones & Company, Inc.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"FXC":"加元ETF-CurrencyShares"},"translate_title":"特朗普征收 50% 的关税将对加拿大 GDP 增长造成轻微影响","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"FXC":1.5},"content_text":"1335 ET - Oxford Economics is the latest forecasting firm to play down the economic impact for Canada from President Trump's plan to impose a 50% tariff on a range of Canadian-made goods. The 50% tariff targets a select group of goods. Should they be implemented as planned on Aug. 19, the impact would shave about 0.2 percentage points from Canada's level of GDP in 2027, Oxford says. Further, the tariff could reduce growth next year by up to 0.2 percentage points, through weaker exports and business investment. \"The targeted nature of the tariffs means the biggest impacts would be at the sectoral and regional level,\" Oxford says. The firm projects Canada-based plastics, electrical machinery, forest products and beverage companies to be most affected. (paul.vieira@wsj.com; @paulvieira) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  July 22, 2026 13:35 ET (17:35 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"}}}