Trump's proposed tariff raises concerns for Canadian agriculture and food prices

theglobeandmail.com

President-elect Donald Trump announced plans to impose a 25% tariff on imports from Canada and Mexico if border security issues are not resolved. This could significantly impact Canadian agriculture, which relies heavily on U.S. exports. Producers are concerned that the tariff would raise costs and disrupt supply chains. About 60% of Canada’s agri-food exports go to the U.S., making the proposed tariff a potential threat to their profitability. Many Canadian farmers, including honey producers, fear the tariff could force them out of business. They are hoping it is a negotiating tactic and that their sectors might be exempted due to strong trade relationships.


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