Industry groups call for help facing U.S. tariffs, offer ideas to limit damage
- Canadian manufacturers and exporters urge decisive action to protect the manufacturing sector from potential U.S. tariffs proposed by President-elect Donald Trump.
- A recent survey by CME reveals that 90 per cent of manufacturers expect significant impacts from the tariffs.
- The survey also indicates that 48 per cent of manufacturers foresee layoffs or hiring freezes if tariffs are implemented.
- The letter from industry groups emphasizes that retaliatory measures should be strategic and in consultation with industry to reduce collateral damage.
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Read Full ArticleCME urges government to protect Canada's mfg. sector from U.S. tariff threat
Canadian Manufacturers & Exporters (CME) issued a call to action today, Jan. 15, urging Prime Minister Justin Trudeau and federal party leaders to take immediate steps to protect Canada’s manufacturing sector from the looming threat of U.S. tariffs. In an open letter sent to government leaders, CME president and CEO Dennis Darby warned that tariffs imposed by U.S. President-elect Donald Trump would severely harm Canada’s manufacturing industry, …
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Total News Sources73
Leaning Left26Leaning Right5Center12Last UpdatedBias Distribution60% Left
Bias Distribution
- 60% of the sources lean Left
60% Left
L 60%
C 28%
12%
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