Tariffs, Trade Wars, and a Soggy Bottom Line The White House has imposed fresh tariffs on Canadian goods and banned imports of certain products like dairy, motorcycles, and some alcohol.
The latest volley in the Canada US trade war has sparked concerns about its impact on the Canadian economy. Economists predict that the effects will be relatively modest.
According to Derek Holt at Scotiabank, Canada exports over $527 billion worth of goods to the US each year.