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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Coverage Details
Total News Sources0
Leaning Left19Leaning Right4Center2Last UpdatedBias Distribution76% Left
Bias Distribution
- 76% of the sources lean Left
L 76%
R 16%
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