Canadians and Americans respond to Trump's proposed 25% tariff on goods from Canada and Mexico
President-elect Donald Trump has proposed a 25% tariff on all goods from Canada and Mexico if those countries do not address illegal immigration and drug trafficking. This move could violate the existing U.S.-Mexico-Canada Trade Agreement. Businesses are concerned about the potential impact of these tariffs. While some, like Confer Plastics, may not be heavily affected, others warn that increased costs could reduce consumer purchasing power and disrupt trade, which amounts to $2.7 billion daily across the U.S.-Canada border. Canadian officials express worry about the broad nature of the proposed tariffs. They emphasize the interconnectedness of the U.S. and Canadian economies and hope for constructive dialogue rather than escalating trade tensions.