

Fact Check: Who wins, who loses in the potential U.S.-Canada trade war
Jan 15, 2025
Jim Stanford, an economist from the Centre for Future Work in Vancouver, offers a clear-eyed analysis of the potential U.S.-Canada trade showdown. He debunks myths around the supposed trade imbalance, illustrating that the countries engage in about a trillion dollars in trade annually. Stanford highlights the risks that proposed 25% tariffs pose not just to Canadian goods, but also to U.S. businesses that depend on them. He emphasizes the interconnectedness of both economies, especially in sectors like energy and automotive.
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