The 50 percent tariffs President Trump imposed on Canadian exports to the United States will make it impossible for many Canadian companies to continue to sell to the U.S. market, economists say.
Category: Layoffs and Job Reductions
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U.S. Tariffs Could Price Canadian Firms Out of U.S. and Threaten Thousands of Jobs
The New York Times – Business: -
Farmers Struggle to Get Basic Services From Depleted Agriculture Dept.
The New York Times – On the Runway:After the departure of thousands of federal workers, rural communities report problems obtaining loans, grants, technical assistance and support for infrastructure and other services.
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Worker Pay Isn’t Keeping Up With Inflation Once Again
The New York Times – Business:When prices spiked in 2021-22, wages failed to keep up for many workers, new research shows. Now the pattern is repeating.
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The labor market slowed as employers grew wary of hiring.
The New York Times – Business: -
The German Auto Industry, a Pillar of the National Psyche, Is Trembling
The New York Times – Business:The country’s iconic carmakers are struggling with tariffs, the growth of electric vehicles and intense competition from Chinese companies.
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A.I. Is Reshaping the Economy. Good Luck Measuring How.
The New York Times – Business:Some data suggest artificial intelligence is already causing job losses. Other sources show the opposite. Why is it so hard to figure out what’s going on?
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Big Companies Aim to Ease A.I. Transition for American Workers
The New York Times – Business:OpenAI, Anthropic, Amazon and Microsoft have signed on to an effort led by Gina Raimondo, a former commerce secretary.
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Giving Workers a Stake in A.I. Gains Traction
The New York Times – Business:Gov. Gavin Newsom of California has floated a policy idea that’s getting attention in Silicon Valley: let workers own a piece of technology disruption.
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Jeff Bezos Praises Trump’s Second Term as ‘More Mature’
The New York Times – Business:The Amazon founder and owner of The Washington Post also rejected the idea that he has made changes at his companies to gain favor with the president.