12min chapter

The Decibel cover image

How Canada is preparing for day one of the second Trump era

The Decibel

CHAPTER

Navigating Tariffs: Canada's Economic Response

This chapter examines Canada's potential responses to U.S. tariffs, focusing on strategies like oil tariffs and retaliatory measures. It discusses the significant economic risks involved, particularly for Ontario's automotive sector, and estimates up to 500,000 jobs could be at stake. Participants highlight the delicate balance in Canada's relationship with the U.S. and the need for diversified trade strategies to mitigate the negative impacts of tariffs.

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