The imminent March 4 deadline for the U.S. to impose a 25% tariff on Canadian goods has Canadians bracing for potential economic turbulence. 🚨
If the tariffs proceed, Canada is expected to retaliate with counter tariffs on U.S. goods, setting the stage for a trade war that could impact numerous industries, from agriculture to manufacturing. 📉
The ripple effects would be felt across both nations, with businesses and consumers likely facing higher prices and reduced market access. 💸
Dan Williams from CGTN reports from an RV show outside Toronto, highlighting how local businesses and festivals could be affected by increasing trade tensions.
As the deadline approaches, stakeholders on both sides of the border are preparing strategies to mitigate the impact and navigate the uncertain trade landscape. Stay informed and stay connected! 🌐
Reference(s):
cgtn.com
