'Very cautious' optimism in Canada as Trump does not enforce tariffs 'for now' | Unpublished
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Source Feed: National Post
Author: Christopher Nardi
Publication Date: January 20, 2025 - 17:50

'Very cautious' optimism in Canada as Trump does not enforce tariffs 'for now'

January 20, 2025
Politicians and observers say Canada is far from out of the woods as the prospect of a tariff war with its largest trading partner is still very real


Unpublished Newswire

 
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Canadian politicians, business leaders and the public in general breathed a sigh of relief Monday after U.S. President Donald Trump opted not to impose tariffs on Canada on the first day of his administration.Trump in November threatened to impose 25-per-cent tariffs on all goods from Canada and Mexico unless they took action to end illegal migration and drug smuggling into the U.S. Canada subsequently announced $1.3-billion over six years in new border spending designed to boost scrutiny of its side of the Canada-U.S. border. On Jan. 7, the president-elect suggested that this has not...
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