US Tariffs Affect Canadian Manufacturing

This is a Canada news story, published by BBC, that relates primarily to Donald Trump's news.

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Are US tariffs bringing manufacturing back to Canada?

Summary

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77% Informative

US tariffs sparked a trade war with Canada after Donald Trump's tariffs sparked trade war.

In Canada the economic measures against it have been met with a wave of patriotism.

Some consumers and businesses are boycotting American products.

Others with operations in the US face a choice - ride out uncertainty or bring their enterprise back home.

Reshoring Canada is a non-partisan group advocating for a more resilient supply chain.

Reshoring the auto industry would require " tens of hundreds of billions of dollars in both private and public sector investment to make happen", says Desjardins senior director of Canadian economics.

He says that Canada should focus on industries where we have a comparative advantage, such as processing steel and aluminium.

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semi-formal

Language

English

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not offensive

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