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higher tariffsGlobal News
•Business
Business & Economics
74% Informative
Billionaire financier Howard Lutnick denies tariffs will be inflationary.
He says they are meant to compel border security improvements from Canada and Mexico to crack down on fentanyl trafficking.
Lutick says he prefers tariffing entire countries, rather than specific products, to “create reciprocity, fairness and respect” The Bank of Canada released an analysis Wednesday that found universal tariffs on foreign imports to the U.S. increase prices.
Lutnick repeatedly stressed the need for North American manufacturing to be re-centered to the U.S. during his confirmation hearing Wednesday .
Trump has openly mused that “we don’t need” Canadian dairy products and other key imports like automobiles, lumber and oil and gas.
VR Score
76
Informative language
75
Neutral language
40
Article tone
semi-formal
Language
English
Language complexity
58
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
3
Source diversity
3
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