U.S. President Donald Trump will impose 25% tariffs on Canadian goods starting Tuesday, according to Canadian government sources. The tariffs will impact a range of industries, with a lower 10% duty applied to energy imports. The Canadian government is working on retaliatory measures to mitigate the economic impact.
OTTAWA — U.S. President Donald Trump will hit Canada with 25 per cent tariffs on Tuesday, with a lower 10 per cent duty for energy, provincial government sources say.
She says if 25 per cent tariffs across the board come into force Tuesday, the province will lose tens of billions in economic activity. It's calling on the Canadian government to take measures such as reducing taxes and cutting red tape that it says would allow small businesses in the country to stay competitive with their American counterparts.Québec solidaire spokeswoman Ruba Ghazal says the tariffs are “terrible news" for the province's workers.
Unifor president Lana Payne says in addition to a"strong response" to tariffs, there should be other measures in place to support local jobs and industries, better manage strategic national resources, and ensure people buy Canadian products.
TRADE WAR TARIFFS CANADA USA ECONOMY
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