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Canada’s provincial leaders in disarray over response to Trump tariff threats
Responses range from conciliation to retaliation, including cutting off electricity and halting the purchase of US liquorCanada’s provincial premiers are sharply divided on how to prepare for US trade tariffs, less than a week before Donald Trump takes office with a threat to dramatically reshape the relationship between the two countries.Canadian officials have sought to defuse the crisis with personal appeals to the president-elect, multimillion-dollar advertising sprees and targeted threats, but the country remains gripped by uncertainty over how Trump’s tariffs might take effect. On Monday, Bloomberg reported that the incoming US administration is weighing hiking tariffs by 2%-5% a month to avoid spiking inflation. Continue reading...
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