Premiers decry Trump’s tariffs, announce countermeasures and call for federal response
cent, is going to be very difficult for us to manage,\” he said.
The Canadian Chamber of Commerce also expressed deep concern over the tariffs, warning that they could have a devastating impact on the Canadian economy.
Perrin Beatty, president and CEO of the Canadian Chamber of Commerce, said in a statement that the tariffs are a “blow to Canadian businesses and their employees who have already been hit hard by the pandemic.”
Beatty urged the federal government to take immediate action to protect Canadian businesses and workers, saying that “we cannot afford to let this unjustified and harmful policy go unchallenged.”
The tariffs imposed by Trump have sparked fears of a trade war between Canada and the United States, two of the largest trading partners in the world. Experts warn that such a conflict could have serious consequences for both countries, leading to job losses, economic instability, and damage to diplomatic relations.
In response to the tariffs, the Canadian government has announced that it will impose retaliatory tariffs on $155 billion worth of American goods. Prime Minister Justin Trudeau said that Canada will not back down in the face of this “unfair and unjustified” attack on Canadian exports.
Trudeau also emphasized the importance of preserving the strong partnership between Canada and the United States, calling on President Trump to reconsider his decision and work together with Canada to find a mutually beneficial solution.
The premiers of Newfoundland and Labrador, Ontario, Nova Scotia, British Columbia, Quebec, and Alberta have all expressed their support for the federal government’s response to the tariffs. They have vowed to take additional measures to protect their provinces’ economies and industries from the impact of the trade dispute.
Overall, the imposition of tariffs by President Trump has sent shockwaves through Canada, threatening to disrupt the longstanding trade relationship between the two countries. As Canadian leaders unite in their calls for a strong and united response, the future of trade between Canada and the United States remains uncertain.