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Key questions ahead of Trump’s tariffs on Canadian goods

U.S. President Donald Trump will impose 25 percent tariffs on Canadian goods starting Tuesday, with a lower 10 percent duty for energy, according to provincial government sources.
The Parliamentary Budget Officer predicts that Canada's 25 percent tariff on Chinese steel and aluminum will cut imports from China by nearly half.
S&P Global forecasts that sectors processing resources, like paper and plastic production, may see output declines between nine and 15 percent due to tariffs.
The Bank of Canada warns that U.S. Tariffs could sharply reduce Canadian export volumes and lead to lower demand for Canadian goods.

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The Hub

Trevor Tombe: Trump’s tariffs could cost 600,000 Canadian jobs

The post Trevor Tombe: Trump’s tariffs could cost 600,000 Canadian jobs appeared first on The Hub.

1 month ago

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Clash Daily

Trump Makes Good On Tariff Threat... Here's What Panicking Canadians Don't Understand

Canadians are staring into the abyss of catastrophic financial collapse and their first instinct is to escalate… here’s why that’s a mistake. Canucks would complain that Trump’s demands are somehow unclear, that he’s being an arbitrary bully. That’s one interpretation. Another might be that he’s sick of Americans being taken for granted by prissy finger-wagging moralizers who see America as little more than a cash cow to be milked. Most of the s…

1 month ago

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The Epoch Times

Key Questions as US Puts Tariffs on Canadian Goods

U.S. President Donald Trump is going to hit Canadian goods with 25 percent tariffs on Tuesday, with a lower 10 percent duty for energy, according to provincial government sources. Here’s a look at some of the key questions as the clock ticks down. What is a tariff? Tariffs are a tax on imported goods. Like other taxes, they’re generally used by government to help meet policy objectives and raise revenue. The main goal of tariffs is usually to he…

1 month ago·New York, United States

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