Canada leader issues dire warning over 'tariff war' with US causing 'more pain' than gain
Published On Mar 6, 2025, 1:11 PM
Alberta Premier Danielle Smith expressed concerns about a 'tariff war' with the U.S., stating that it may cause more economic damage than benefits for both Canada and the U.S. Tariffs of 25% on Canadian goods and 10% on oil were recently implemented. Smith highlighted that this situation could lead to job losses and economic instability, urging for a return to a tariff-free relationship between the two nations.
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The implementation of tariffs could cause economic strain on both sides, potentially impacting Canadian exports and leading to retaliatory tariffs by Canada. This could disrupt trade and investment flows, affecting companies reliant on cross-border trade.
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