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Opinion: How Alberta’s small businesses can navigate U.S. tariffs
The recent one-month suspension of a 25-per-cent tariff by the United States on most Canadian imports has thrown many Alberta small- and medium-sized enterprises (SMEs) into a state of uncertainty. While the intent behind these tariffs seems to be to not only protect American jobs and industries by taxing goods consumed within the U.S., but also to motivate action on border issues such as illegal migration and the movement of the deadly drug fentanyl, the ripple effects are being felt keenly north of the border.
The recent one-month suspension of a 25-per-cent tariff by the United States on most Canadian imports has thrown many Alberta small- and medium-sized enterprises (SMEs) into a state of uncertainty. While the intent behind these tariffs seems to be to not only protect American jobs and industries by taxing goods consumed within the U.S., but also to motivate action on border issues such as illegal migration and the movement of the deadly drug fentanyl, the ripple effects are being felt keenly north of the border.
Tariffs and Trade: What We Need to Understand Now
Two recent articles provide crucial insights into the complexities of tariffs and global trade, offering guidance for Canada's response. John Mauldin discusses the economic dangers of tariffs, highlighting how they can trigger inflation and recession. Jack Mintz advises Canada to engage strategically with the U.S., diversify trade relationships, and address internal trade barriers.
Two recent articles provide crucial insights into the complexities of tariffs and global trade, offering guidance for Canada's response. John Mauldin discusses the economic dangers of tariffs, highlighting how they can trigger inflation and recession. Jack Mintz advises Canada to engage strategically with the U.S., diversify trade relationships, and address internal trade barriers.
