There’s a lot of anxiety in Canada about President-elect Trump’s announcement that he will be putting a 25% tariff on all Canadian exports to the US. Yesterday I shared my thoughts with Leena Latafat on the impact these proposed tariffs will have on our economy on CP24. I discussed what sectors of the Canadian economy will be hardest hit, how it will affect the Canadian dollar and subsequently inflation, and how the Bank of Canada may respond.
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