Nervous googling: search for “recession” and “tariff” as a US voting acid

Evidence of the American’s sour mood is wherever you are looking for. Also in the place where you are looking for evidence: Google.

An unprecedented number of Americans now google the word “Tariff“A question of minimal interest for you in the presidential election of last year.

There is an even more scary word that you now google: “recession“A search trend line that often, but not always, coincides with an economic contraction.

The signs of the United States’ discomfort with the North American trade war of President Donald Trump and the appearance in various places: from economic data to grumbling from companies to media reporting and in tense exchanges in the White House.

On Tuesday, the daily briefing of the White House was dominated by questions about a trade war that helped Eliminate all stock market profits Since the election on November 5.

The chief economist at Moody’s is one of those who are a growing probability of a US higher.

It all depends, Zandi told CBC News as to whether Trump’s tariff policy remains. whether they spread in other countries; And what the retribution looks like.

“Everything is negative. It’s just a question of how negative,” said Zandi about current trade uncertainty. But if this continues, he said: “It would lead to a complete, decisive, drag-out trade war that would lead to a global recession.”

And that is the context of why Trump has achieved an apparently impossible performance: to make the American media media for trade.

It is unclear whether the average Canadian usually applies here in trading news, partly because the US economy generally is less depending on the trade and is particularly less dependent on Canada as an export market.

But now everywhere in the news it is a tariff, tariff, tariff.

Networks have correspondents in Canada that record the cross -border anger. In North Carolina, an unfortunate beer maker is equipped in the CNN segments, which is annoyed by aluminum tariffs that undermine his slim profit margins. Others are concerned that the exporters from apple from Washington and Jack Daniel talk about being torn from the Canadian shop shelves.

Last US promi? Doug Ford

Doug Ford is now omnipresent on American television.

The Ontario Prime Minister is forming into a well-known name for a subnational foreign leader hier with its highly exciting Sabre-rattle and its language, which is also unusual for a Canadian politician.

Of course, this attention poses the downward risk. His short -lived confirmation of electricity exports drew a confolation of Trump from even more tariffs. The white house even warned of serious consequences for Canada when it cut off electricity.

While they both chose it, the United States still adds 25 percent steel and aluminum tariffs on Wednesday, with the consequences for numerous industries to have countless consequences.

This uncertainty gathered through a meeting of international auto-divider manufacturers at a conference in Washington.

“This stuff makes panic and paralysis,” said Flavio Volpe, head of the Canadian main car partner lobby group.

“It doesn’t matter here (Trump). And he tries to shake the markets. To what purpose nobody knows.”

It is the subject of a lively debate among conservatives: whether Trump is over his head and creates an avoidable chaos or whether he has a practical plan in a 3D move.

Theories about the latter include the obvious – that Trump wants companies to give up foreign production and build factories in the USA that have already done several large companies.

But there is a less obvious theory that his supporters roll up – that he actually wants to slow down the economy and to force lower interest rates, which leads to lower bonds and US debt payments.

Trump has not spoken to Carney yet, but his phone is “always open,” says representative of the White House

In a briefing from the White House, press spokeswoman Karoline Leavitt said that US President Donald Trump had not spoken to Mark Carney to the Prime Minister before criticizing Ontario’s electricity export survey by Premier Doug Ford in view of the US tariffs.

Try to decipher Trump’s final

In relation little flattering The title page shows a decline in the stock exchange, but a more flattering one Split About Trump’s approach.

Meanwhile, the conservative national review published a clearly devastable Split With the title “Does Trump know why he was elected?”

It said: “President Trump is to blow his second term before it has reached the two -month brand. Keep on. Call me because I said that. I don’t care.

“The people that Donald Trump voted back to office wanted to bring back in 2019. They did not register for a trade war with Canada, the resurrection of (tariff husband president) William McKinley or an endless game with red light/green light, the tanks (pension plans).”

The White House is aggressively pushed back.

During a daily press conferences dominated by trade on Tuesday, Trump spokesman Karoline Leavitt Neue quoted Production Jobs and reports of several companies that are redesigned by Pharma Giant Merchant To Apple.

The official line of the White House: Forget the reaction on Wall Street, which is temporary. Watch the Main Street and the long-term effects on the US jobs.

It led to an unusually personal exchange.

A reporter from Associated Press described the tariffs as a tax increase of the Americans. Leavitt insisted that it was paid for by the foreigner. Strictly speaking, the reporter was right, although foreign companies sometimes paid for not losing his US customers.

But the reporter challenged her and asked: “I’m sorry – have you ever paid a tariff? Because I have it.” Leavitt regretted asking the AP: “I think it is offensive that you are trying to test my knowledge of the economy.”

Here is what is difficult to contest: the economic data is acidic.

Business uncertainty is at historical Heights. Consumer confidence has dropped. The S&P 500 lost 10 percent to the correction area due to its earlier. Other Indicators Say a recession Is growth probability.

There are two questions, says economist and commercial analyst Marcus Noland, Vice President at Pro-Trade Peterson Institute for International Economics.

One is the tariffs themselves. He said economists can estimate the effects. In fact, the Peterson Institute has calculation The first tariff from Trump would shave one or two percentage points from the economies of Canada and Mexico and a fraction of an edition of the US economy. Devastating cost increases in particular will be suspended, he said.

Then there is uncertainty – “the chaotic way of rolling out,” said Noland. Trump’s tariffs are the no longer reduced way that are not reduced. This is more difficult to model.

Normal people start to notice, he said. In his own life he saw a sudden price for mueslire from a nut -free factory in Canada, which he got because of an allergy in the family. And it is not foreseeable where it ends.

“The American economy slows down,” he said. “Last week, people got concerned that we could experience a recession.”