Here’s what top economists are saying about the potential impact of Trump’s 50 per cent tariffs as deadline nears
A new round of 50 per cent tariffs on nearly $20 billion of Canadian goods are scheduled to go into effect at 12:01 a.m. on Wednesday unless a deal can be reached between Canadian and U.S. trade negotiators .
The duties are being imposed through three proclamations signed last month by U.S.
President Donald Trump, who claimed the tariffs are in response to Canada's "discriminatory treatment of U.S. commerce" on three fronts: alcohol, automobiles and dairy products.
Here's what top economists are saying about the potential impact of the new tariffs and what Canada might do in response.
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