Quebec Premier Francois Legault argues that U.S. President-elect Donald Trump's threatened tariffs would negatively impact both Canada and the American economy, causing inflation and job losses. Legault urges Trump to give Canada time to address his demands before imposing tariffs.
In an op-ed in the U.S. publication The Hill, Quebec Premier François Legault made the case that tariffs on Canadian imports would hurt "the American economy, many of its businesses and especially ordinary Americans by causing a new inflationary surge."Quebec Premier François Legault made the case that U.S. president-elect Donald Trump's promised tariffs would harm both Canada and the United States. Quebec Premier François Legault is warning that U.S.
"Already, the threat of tariffs has caused a lot of uncertainty, hampering investment on both sides of the border."Tariffs from U.S. could cost up to 500,000 Ontario jobs, Ford says Economists have said the expected 25 per cent tariff would be devastating to the Canadian economy and put some crucial industries in jeopardy. Ontario Premier Doug Ford said Tuesday as many as 500,000 people in Ontario alone could be out of a job if a broad-based tariff scheme is implemented.
Legault said a levy of 25 percent on exports from Canada and Mexico would reduce the U.S. GDP and drive up inflation.
TARIFFS CANADA USA ECONOMY INFLATION
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