Canada Grapples with Economic Pressure From U.S. Tariff Policies

April 4, 2025, 8:22 am

Canadian economists and industry leaders are warning that recent U.S. tariff measures could disrupt global demand and impact job growth across sectors. These reciprocal tariffs have raised concerns about the vulnerability of Canada’s economy, sparking discussions on the urgent need for strategic policy adjustments to mitigate the emerging trade pressures.

globalnews.ca / Premier Scott Moe to speak to reporters about Saskatchewan’s response to U.S. tariffs

Moe's visit to Europe occurred as the Canadian economy continues to face uncertainty because of tariffs the U.S. has already imposed on some Canadian goods entering the U.S.

nationalpost.com / Prices for new and used cars to go up after U.S. tariffs on Canadian auto parts: experts

Trump has enacted 25 per cent duties on imported vehicles, with temporary reprieve for some parts compliant with the Canada-U.S.-Mexico free trade agreement

ottawacitizen.com / The Terror of Trump's Tariffs: What does it all mean for Ottawa?

"We're going to have to make an adjustment," says Kichesippi Beer Co. owner Paul Meek in response to tariffs U.S. president Donald Trump imposed on "Liberation Day."

financialpost.com / How tariffs will affect Canadian pocketbooks

Inflation in Canada is expected to eclipse the three per cent mark over the summer, according to economists at TD.

citynews.ca / How Trump’s latest tariffs could affect your wallet

Trump's new tariffs, in addition to existing measures and global retaliations, are likely to raise everyday prices and create further market instability and business uncertainty.

winnipegfreepress.com / CP NewsAlert: TSX, U.S. markets tumble for second day as trade war continues

citynews.ca / TSX, U.S. markets tumble for second day as trade war continues

Trump’s tariff plans sent both U.S. and Canadian markets into a tailspin, with key indexes falling sharply—Canada’s S&P/TSX down over 2.5%, New York’s Dow by 2.6%, and the S&P 500 nearly 3%.

nationalobserver.com / Yukon targets Elon Musk's companies to respond to U.S. tariffs

The Yukon government says it's ending rebates for all Tesla products, as it targets companies associated with tech entrepreneur Elon Musk, who is also a senior adviser to U.S. President Donald Trump.

financialpost.com / Posthaste: Think Canada has dodged a recession? Think again, says economist

Donald Trump's reciprocal tariffs likely to derail global demand and spill over into Canadian economy

winnipegfreepress.com / U.S. too big, rich for Manitoba companies to not engage

Whatever the outcome for Manitoba — and Canada — as a result of the seismic economic shift due to U.S. tariffs, there’s no denying the rise of a new global trade regime.

permalink / 10 stories from 7 sources in 19 days ago #economy #trade #usrelations #globaltrade #business #tariffs #manitoba #yukon #consumer #saskatchewan #autosector

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Canada Grapples with Economic Pressure From U.S. Tariff Policies

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