Trump’s Tariff Threat Rattles Canada

Barchart · 11/26 03:14
President-elect Donald Trump said on social media Monday he would slap import tariffs on products from China but also Mexico and Canada, sending shockwaves across the Canadian economy. Crude oil is the top Canadian export to the United States and any tariffs would interfere with flows and revenues. In posts on his platform Truth Social, Trump said he would impose a 10% additional tariff on Chinese imports and a much heftier, 25% tariff on imports from Mexico and Canada, Bloomberg reported, citing the president-elect as saying the tariffs would…