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.
73 Articles
73 Articles
Canada’s Soft Landing in Jeopardy as Macklem Faces Trump Tariffs
Governor Tiff Macklem has successfully wrestled down one of the worst inflationary crises in the Bank of Canada’s history, putting his nation on track for a soft landing. US President-elect Donald Trump may dismantle all that with a stroke of a pen.
CME 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, …
Cdn. Industry Groups Call For Help Regarding U.S. Tariffs - Canadian Manufacturing
Canadian industry groups are calling on the government to protect businesses if U.S. president-elect Donald Trump goes ahead with his threat to impose tariffs on Canadian goods headed to the U.S. In an open letter to the leaders of the major federal political parties, Canadian Manufacturers and Exporters president and CEO Dennis Darby says the imminent threat of sweeping U.S. tariffs poses a significant and immediate risk to the manufacturing se…
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