Alberta braces for Trump tariffs

The value of president-elect Trump’s menace of a 25 per cent tariff connected Canadian exports into the United States is looming, particularly connected Alberta.

Trevor Lewington, CEO of Economic Development Lethbridge, says Alberta is Canada’s largest exporter to the U.S., and would beryllium deed the hardest should the tariffs beryllium implemented.

“This is simply a monolithic concern,” said Lewington. “A 25-per cent tariff makes immoderate Canadian bully moving into the U.S. 25 per cent much costly than its competitory merchandise that’s being made successful the United States.”

Lewington hopes negotiations betwixt the provincial and national governments with the U.S. would effect successful the removal oregon simplification of the tariffs, different the Canada would beryllium faced with a recession, nonaccomplishment of thousands of jobs, and a emergence successful the terms of goods.

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