President-elect Donald Trump is making threats that would have dire economic consequences for Canada. Trump said on Monday that he would impose a 25 per cent tariff on all goods from Canada and Mexico, until both countries stop migrants and fentanyl from entering the U.S. If he follows through on this, it could cause a major disruption for Canada’s economy, and some fear it could trigger a recession.
The Globe’s senior parliamentary reporter Steven Chase has been tracking the political fallout of the announcement. He explains how Trump’s plan puts pressure on various sectors of the Canadian economy and how Trudeau and the federal government are planning to face it.
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