WBN News Tariffs Edition

Canada has quietly slipped into a modest recession—a technical downturn, not a collapse—triggered largely by escalating U.S. tariffs, global supply chain fragility, and years of economic overdependence on a single trading partner. GDP contracted by 0.1% in April and likely dipped again in...

Trump’s 50% copper tariff, announced July 8, 2025, targets Chile, Canada, Mexico. A trade and political ploy, it risks economic fallout with U.S. copper use at 1.85M tons, only 1.12M tons of it is domestic production.

On June 3, 2025, U.S. President Donald Trump signed an executive order doubling tariffs on imported steel and aluminum from 25% to 50%. This move is part of a broader protectionist strategy aimed at shielding American manufacturers from foreign competition.

Here’s a bold truth: The most valuable deal of your year won’t come from a sales pitch—it’ll come from a conversation.

If you’ve ever thought, “We’re too small to export,” you’re not alone. And if you’ve let that belief stop you from growing beyond borders? You’re definitely not alone.

If you think global trade is just for multinationals with endless budgets and legal departments the size of small armies, think again.

While headlines scream about tariffs and trade wars, something more important is happening beneath the surface: the quiet rise of new trade corridors that are reshaping global commerce.

This week’s ruling by the U.S. Court of International Trade, which temporarily blocks many of the tariffs introduced by former President Trump, should be front-page news for every Canadian exporter—but not for the reasons you might think.