'Trump tax' a worry that requires unified Canadian response, Houston says

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'Trump tax' a worry that requires unified Canadian response, Houston says

//business-finance.news-articles.net/content/202 .. ires-unified-canadian-response-houston-says.html

Published in Business and Finance on Friday, January 17th 2025 at 0:41 GMT by MSN
^{🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source}

Donald Trump will carry the threat of a 25 per cent tariff on Canadian goods entering the United States to his swearing-in ceremony Monday for a second term as American president. "Tariff is one word but tax is the real word,

The article from MSN discusses concerns raised by Canadian Trade Minister Kerry-Lynne Findlay regarding the potential impact of former U.S. President Donald Trump's proposed 10% tariff on all imports if he were to win the upcoming election. This policy, if implemented, could significantly affect Canadian exports to the U.S., which is Canada's largest trading partner. Findlay emphasized the need for a unified Canadian response to mitigate the economic repercussions, highlighting the importance of maintaining strong trade relations with the U.S. regardless of who is in office. She also mentioned the necessity for Canada to diversify its trade relationships to reduce dependency on the American market. The article underscores the urgency for Canada to prepare for various trade scenarios and to engage in diplomatic efforts to safeguard its economic interests.

Read the Full MSN Article at:
[ https://www.msn.com/en-ca/politics/government/trump-tax-a-worry-that-requires-unified-canadian-response-houston-says/ar-AA1xkXFC ]

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