The Canadian Chamber of Commerce (CCC) is concerned about the impact on the Canadian economy of a U.S. ban on diesel exports – a measure that juggles President Donald Trump in the hope of reducing fuel prices in the run-up to the mid-term elections.
Although fuel prices in Canada are high, the country is not experiencing shortages due to supply disruptions and has not had to implement demand-restricting measures like other countries. The European Union is concerned about the possibility of the US banning diesel exports. The Canada-US trade war continues to escalate. The US officially bans imports of nearly $1 billion worth of Canadian goods.