https://chamber.ca/news/trumps-25-ta...a-and-the-u-s/
Quote:
A 25% tariff applied across-the-board on all U.S. imports could push Canada’s economy into recession by the middle of 2025. But these results also underscore Canada’s economic importance to the U.S. — something that’s often underappreciated south of the border. Make no mistake, if Trump imposed these tariffs, it would represent a significant negative shock to the U.S. economy. It would raise costs for businesses, make American production less competitive internationally, and raise prices even more for consumers who’ve recently suffered through the pandemic and the highest inflation in generations.
Stephen Tapp, Chief Economist. Canadian Chamber of Commerce
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So, our PM knew this, has known about this for a long time, and now chose to quit, leaving Canadians in a very vulnerable position.
Obviously, as stated, these tariffs hurt the US as well, but Canada is not in a strong enough position economically the weather this without potentially going into a recession.
Trudeau wasn’t able to properly lead this country and now he can’t even quit properly.
Good riddance.