Canada Ready to Mitigate US Tariff Impact, Says Finance Minister
2024-12-19
AOL
Canada's Finance Minister Dominic LeBlanc assures that the country has sufficient fiscal room to support businesses and individuals in the event of a major new US tariff imposition. With US President-elect Donald Trump proposing a 25% tariff on Canadian and Mexican imports, LeBlanc's statement aims to alleviate concerns. The Canadian government is prepared to provide financial assistance to those affected, leveraging its economic stability and trade relationships to minimize the impact of US trade policies and potential trade wars, while promoting international trade and economic growth.
