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Businesses fear closure with no Canada-U.S. trade deal as industry reacts
- The head of the Canadian Chamber of Commerce called the breakdown in Canada-U.S. trade talks a self-defeating body blow to continental competitiveness.
- The president of the Canadian Chamber of Commerce stated that no deal means higher American costs and some Canadian firms will close.
- The president of the Canadian Labour Congress said walking away from a bad deal is the right choice for Canada on social media.
- Prime Minister Mark Carney announced suspension of negotiations and retaliation with matching tariffs after the U.S. imposed 50% tariffs on some Canadian exports.
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Canada-U.S. trade talks collapse as businesses fear closures
The collapse of trade talks between Canada and the United States, the imposition of 50 per cent tariffs on $28 billion worth of Canadian goods and Prime Minister Mark Carney pledging dollar-for-dollar retaliatory tariffs triggered swift reaction from the nation's business community. Candace Laing, Canadian Chamber of Commerce president and CEO, called the breakdown a "body blow to North American competitiveness in this self-defeating trade saga.…
The Toronto Star+18 Reposted by 18 other sources
Businesses fear closure with no Canada-U.S. trade deal as industry reacts
OTTAWA - The head of the Canadian Chamber of Commerce calls the breakdown in talks for a Canada-U.S. trade deal a "self-defeating" body blow for continental competitiveness.
·Toronto, Canada
Read Full ArticleCoverage Details
Total News Sources20
Leaning Left13Leaning Right0Center7Last UpdatedBias Distribution65% Left
Bias Distribution
- 65% of the sources lean Left
65% Left
L 65%
C 35%
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