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Tariffs on Canadian exports could force some firms out of US market
Economists cited by the outlet say the 50.0% tariffs could make it impossible for many Canadian companies to keep selling into the United States.
The New York Times Business reports that President Trump’s 50.0% tariffs on Canadian exports to the United States could price many Canadian firms out of the US market.
According to economists cited in the story, the tariff levels would make it impossible for some companies to continue selling to US customers.
The article also warns that the tariff-driven market squeeze could threaten thousands of jobs tied to those cross border sales.
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