Canada
Nov 29, 2024
Canada failed to diversify trade ahead of Trump tariff threats: experts
Canada failed to cultivate new trade corridors that could have helped to mitigate the potential impact of Donald Trump’s tariff threats ahead of his return to the White House, experts tell Global News.
The U.S. president-elect lobbed the first salvo of his incoming administration’s efforts to reshape North American trade this week, promising to levy 25 per cent tariffs on all goods entering the country from Canada and Mexico unless the countries meets his demands on the border.
That’s sent politicians and industry players scrambling at the prospect of disruptions in getting Canadian goods to the U.S. market, Canada’s largest trading partner by a wide margin.
Full story from Global News
