Trudeau and provincial leaders discuss potential impact of US tariffs on Canadian exports

globalnews.ca

Prime Minister Justin Trudeau and Canada’s provincial leaders are meeting to discuss potential tariffs threatened by U.S. president-elect Donald Trump. A proposed 25% tariff on Canadian goods could significantly impact provinces like Ontario and Alberta, which rely heavily on exports to the U.S. Ontario, the largest exporter to the U.S., could see its $220.5 billion in annual exports, especially in motor vehicles, affected. Alberta's crude oil exports, worth $152.6 billion, are also at risk, as the U.S. is a major market for Canadian energy. Other provinces, including Quebec and British Columbia, could face job losses in industries like aluminum and softwood lumber. Manitoba's pharmaceutical exports and agricultural products across Canada may also suffer. Experts suggest that negotiations may replace blanket tariffs, but uncertainty remains.


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