Dan Ciuriak, the Director and Principal of Ciuriak Consulting and former Deputy Chief Economist at Global Affairs Canada, joins Al Jazeera’s live from Ottawa, Canada. He explains that recent tariff announcements have excluded Canada and Mexico under the USMCA agreement, but the rest of the world faces high tariffs, including developing nations, which could trigger geopolitical shifts. Major US allies like the EU, Japan, and Korea are also affected, while countries like China and India are left to adapt. Ciuriak warns that the measures may isolate North America, while further decoupling US-China trade could heighten global tensions. Subscribe to our channel: http://bit.ly/AJSubscribe Follow us on Twitter: https://twitter.com/AJEnglish Find us on Facebook: https://www.facebook.com/aljazeera Check our website: http://www.aljazeera.com/ Check out our Instagram page: https://www.instagram.com/aljazeeraenglish/ Download AJE Mobile App: https://aje.io/AJEMobile #BreakingNews #TrumpTariffs #USIndustry #EconomicReset #USMarketAlert #TradeWar #USTradePolicy #GlobalMarkets #WhiteHouseAnnouncement #USConsumerPrices #ReciprocalTariffs #EconomicStrategy #AlJazeeraEnglish
Fortress North America is emerging as tariffs reshape global trade: Analysis
Dan Ciuriak, the Director and Principal of Ciuriak Consulting and former Deputy Chief Economist at Global Affairs Canada, joins Al Jazeera’s live from Ottawa, Canada. He explains that recent tariff announcements have excluded Canada and Mexico under the USMCA agreement, but the rest of the world faces high tariffs, including developing nations, which could trigger geopolitical shifts. Major US allies like the EU, Japan, and Korea are also affected, while countries like China and India are left to adapt. Ciuriak warns that the measures may isolate North America, while further decoupling US-China trade could heighten global tensions. Subscribe to our channel: http://bit.ly/AJSubscribe Follow us on Twitter: https://twitter.com/AJEnglish Find us on Facebook: https://www.facebook.com/aljazeera Check our website: http://www.aljazeera.com/ Check out our Instagram page: https://www.instagram.com/aljazeeraenglish/ Download AJE Mobile App: https://aje.io/AJEMobile #BreakingNews #TrumpTariffs #USIndustry #EconomicReset #USMarketAlert #TradeWar #USTradePolicy #GlobalMarkets #WhiteHouseAnnouncement #USConsumerPrices #ReciprocalTariffs #EconomicStrategy #AlJazeeraEnglish