{"id":143854,"date":"2024-12-03T21:00:30","date_gmt":"2024-12-03T19:00:30","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=143854"},"modified":"2024-12-03T16:49:00","modified_gmt":"2024-12-03T14:49:00","slug":"trumps-tariff-threat-could-push-canada-to-rethink-its-economic-future","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/trumps-tariff-threat-could-push-canada-to-rethink-its-economic-future\/","title":{"rendered":"Trump’s Tariff Threat Could Push Canada to Rethink Its Economic Future"},"content":{"rendered":"

With 75% of Canada\u2019s exports relying on the U.S., this proposal could severely impact Canada\u2019s economy, potentially slashing its GDP by 2.4% and eliminating up to 1.5 million jobs.<\/p>\n

Trump\u2019s tariffs, aimed at addressing trade imbalances and border issues, could harm both Canadian industries and U.S. consumers, with rising prices for goods like timber and steel. Trudeau and other Canadian officials argue the tariffs would backfire, leading to disruptions in supply chains and price hikes in the U.S.<\/p>\n

Trump further provoked Trudeau by suggesting the Canadian leader could remain prime minister but also become a U.S. governor if Canada joined the U.S. Despite this, Trudeau reaffirmed Canada\u2019s sovereignty, though Canadian officials are quietly considering the potential consequences of continued trade tensions.<\/p>\n