A nervous Google search: Looking for a surge in “recession” and “tariffs” as our emotions are sour

Evidence of soreness in Americans is everywhere. Even where you are looking for evidence: Google.

Now, an unprecedented number of Americans are searching for the word “tariff“During last year’s presidential election, they had the least interest.

They are now Google searching for a more terrifying word:Economic recession“Search trend lines often but not always, coincide with economic contraction.

We are upset by signs of President Donald Trump’s North American trade war and surfaced everywhere: from economic data to complaints, businesses to media coverage, and the tensions at the White House.

On Tuesday, the White House daily briefing was dominated by issues concerning the trade war Eliminate all stock market earnings Since the November 5 election.

Moody’s chief economist is one of those who see a surge in the likelihood of a recession in the United States – Mark Zandi thinks it’s 35% higher.

Zandi told CBC News that it all depends on whether Trump’s tariff policy still exists. Whether they spread to other countries; and how revenge looks like.

“It’s all negative. It’s just a negative issue,” Zandi said of the current trade uncertainty. But if this continues, he said, “it will lead to a global recession, phase-out, phase-out trade war.”

That’s the background of why Trump achieves what seems impossible: making mainstream American media care about trade.

It is not clear whether the average Canadian person usually has little interest in trade news here, partly because the U.S. economy generally relies on trade dependence rather than relying too much on Canada as an export market.

But now the news is full of tariffs, tariffs, tariffs.

A reporter from the Internet in Canada recorded cross-border anger. The CNN field features an unfortunate beer maker in North Carolina, whose damage to aluminum tariffs erode his slender profit margins; others show concern about Washington state apple exporter Jack Daniel talks about pulling up from the shelves of Canadian stores.

The latest American celebrity? Doug Ford

Doug Ford is now ubiquitous on American TV.

The Prime Minister of Ontario is – for a sub-foreign leader, his high-pressure military uniform and language have become a household name here, and for Canadian politicians, it is also an atypical blunt weapon.

Of course, attention brings downside risks. His brief tax on electricity exports sparked Trump’s resistance, thus gaining more tariffs. The White House even warned of serious consequences in Canada if power cuts off.

Although they both dialed it back, the U.S. added 25% steel and aluminum tariffs on Wednesday, with immeasurable consequences for many industries.

This uncertainty emanates at a meeting of international automakers, which gathered at a meeting in Washington.

“These things can cause panic and paralysis,” said Flavio Volpe, head of the main Automobile Force Hall Group in Canada.

“It appears here [Trump] not give a damn about. He is trying to shake the market. What purpose? No one knows. ”

This is the subject of a heated debate among the conservatives: is Trump falling into trouble in his mind, causing avoidable confusion, or is there a viable plan in the 3D chess move.

Theories about the latter include obvious – Trump wants companies to abandon foreign production and build factories in the United States, which several major companies have already done.

But there is a less obvious theory that his supporters are peddling – he actually wants to slow down the economy, forcing interest rates to lower interest rates, resulting in lower bonds and U.S. debt.

Trump hasn’t spoken with Carney yet, but his phone “always open”, White House deputies say

Press Secretary Karoline Leavitt said in a White House briefing that U.S. President Donald Trump has not spoken with Prime Minister Mark Carney, before she went on to criticize Ontario’s electricity export surcharge, which was levied by Prime Minister Doug Ford.

Trying to decipher Trump’s endgame

Reflecting the split in the party, the right-leaning New York Post offers a Not likable Front page shows a plunge in stock market, but more likable Pillar About Trump’s attitude.

At the same time, the Conservative National Review published a clear and strict Pillar Title “Trump knows why he was elected?”

It said: “It is possible that President Trump will blow his second term before reaching the two-month mark. Continue. Say that to me. I don’t care.

“People who voted for Donald Trump to return to the office want him to bring back 2019. They have no registration for a trade war with Canada [tariff-imposing former president] William McKinley or Endless Red/Green Light Game [retirement plans]. ”

The White House is actively pushing back.

Trump spokesman Karoline Leavitt cited new manufacturing Reports from Pharma Giant’s work and reports Merck arrive apple.

Official White House Line: Forgot the temporary Wall Street reaction. Watch the streets, and the long-term impact on American work.

This leads to abnormal personal communication.

Associated Press reporters call tariffs taxes on Americans. Levitt insisted that it was paid by foreigners. Strictly speaking, journalists are right, although foreign companies do sometimes pay the price to avoid losing American customers.

But the reporter challenged her and asked, “Sorry – have you ever paid the tariffs? Because I have.” Leavitt asked the AP to ask a question to express his regret: “I think it’s an insult to you trying to test my knowledge of economics.”

This is hard to come up with: economic data is acidizing.

Business uncertainty is historic high. Consumer confidence Falled. The S&P 500 lost 10% from previous senior official entry into corrections. other index explain Economic recession It’s a growth possibility.

Marcus Noland, vice president of the Peterson Institute for International Economics, said there are two problems.

One is the tariff itself. He said economists can estimate the impact. Actually, Peterson College has calculate Trump’s first tariffs would lower the percentage points or two percentage points in Canada and Mexico’s economies, while a small portion of the U.S. economy. He said auto companies in particular would face devastating cost increases.

Then there is uncertainty – “The confusing way is being launched,” Noland said. Trump’s tariffs are both progressing, inappropriate, and then slightly reduced. This is difficult to model.

He said that ordinary people began to notice. In his life, he suddenly rose from a nut-free factory in Canada because of family allergies. And it didn’t tell where it ended.

“The U.S. economy is slowing,” he said. “Last week, people began to worry that we could experience a recession.”