Canada could impose tariffs on $105 billion worth of US imports: Bloomberg
- Canada could impose tariffs on US imports worth $105 billion if President-elect Donald Trump follows through with his 25 percent tariff plan, according to reports from Reuters and Bloomberg.
- Prime Minister Justin Trudeau plans to announce a consultation period for tariffs covering about $37 billion of US imports if Trump proceeds with the levies.
- Natural Resources Minister Jonathan Wilkinson stated that tariffs would increase costs for Canadian goods sold to Americans, generating significant revenue for the US.
- Premier David Eby warned that Trump's tariff threat could erase 124,000 jobs in British Columbia and result in a $69 billion loss in economic activity between 2025 and 2028.
Insights by Ground AI
Does this summary seem wrong?
Coverage Details
Total News Sources0
Leaning Left5Leaning Right6Center6Last UpdatedBias Distribution35% Center, 35% Right
Bias Distribution
- 35% of the sources are Center, 35% of the sources lean Right
36% Center
L 29%
C 36%
R 35%
Factuality
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage