Canadian industry leaders doubt Trump's tariff threats will materialize

Canadian industry leaders are skeptical about U.S. President Donald Trump's recent threat to impose a 25% tariff on imports from Canada. They argue that the strong trade relationship, valued at over a trillion dollars, makes such tariffs unlikely. Experts believe Trump's tariff proposal is more about posturing ahead of trade negotiations than a serious threat. They note that the intertwined supply chains between the U.S. and Canada mean tariffs would hurt both economies significantly. While some sectors, like auto and agriculture, would be heavily impacted, many industry representatives urge patience. They emphasize that the U.S. market's muted reaction suggests a lack of belief in the tariffs' implementation.