We cannot afford them: Alberta Premier Danielle Smith on impacts of Trump's tariffs
Автор: Canada Info
Загружено: 2025-02-27
Просмотров: 8672
Описание: The Bank of Canada in a January 2025 monetary policy report highlights through general examples how tariffs would impact both Canadians and Americans. In short, Mr. Speaker, U.S. tariffs would make our exports less competitive, which would lead to a decline in exports. Lower demand would result in lower production and job losses. That job loss would result in less discretionary spending, so less shopping, less dining out, and fewer extras. GDP would decline, inflation would increase, all of which hurts investors, job creators, workers, families, and consumers.
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