Diamond Member Pelican Press 0 Posted February 4 Diamond Member Share Posted February 4 This is the hidden content, please Sign In or Sign Up Despite Trump’s tariff pause, uncertainty looms over ********* economy – National Uncertainty still hangs over the ********* economy despite U.S. President Donald Trump announcing a 30-day pause in tariffs that were to take effect today. This is the hidden content, please Sign In or Sign Up The temporary reprieve halts — at least for now — a continental trade war that economists on both sides of the border warned would raise prices. Trump’s decision meant Canada and the provinces also halted their moves to retaliate including with tariffs and bans on U.S. alcohol sales north of the border. Trump on Saturday signed an order to impose 25 per cent across-the-board tariffs on ******** and ********* imports, with a lower 10 per cent tariff on ********* energy. On Monday, following two phone calls with Prime Minister Justin Trudeau, Trump said the tariffs would be off the table for 30 days to see if the two countries could reach a “final economic deal.” Story continues below advertisement In his own social media post, Trudeau outlined his government’s $1.3 billion plan to address Trump’s stated concerns about border security that Canada unveiled in December. He also said nearly 10,000 front-line personnel “are and will” be protecting Canada’s border, and announced $200 million in new initiatives to address fentanyl trafficking including a “fentanyl czar.” This is the hidden content, please Sign In or Sign Up 3:30 Fentanyl, the border and the delayed tariff threat Some of the border measures will be on display on Tuesday. This is the hidden content, please Sign In or Sign Up Get breaking National news For news impacting Canada and around the world, sign up for breaking news alerts delivered directly to you when they happen. Public Safety Minister David McGuinty and Terry Duguid, minister responsible for Prairies Economic Development Canada, will join Manitoba Premier **** Kinew later this morning at the Emerson port of entry, where they’ll see how the Canada Border Services Agency detects fentanyl and other toxic materials. They’ll also see a ****** Hawk helicopter which the RCMP is now using to patrol the U.S. border in the province. Story continues below advertisement But the tariffs delay is not a long-term comfort for many in Canada’s labour and business communities. Unifor, the country’s largest private sector union, insists that Trump’s threat of tariffs remains in effect, threatening ********* jobs. National President Lana Payne calls for Canada to “use every single available lever to build a strong, resilient, and diverse economy.” Trending Now This is the hidden content, please Sign In or Sign Up ‘Stay of execution’: Albertans take in 30-day Trump tariff pause with trepidation This is the hidden content, please Sign In or Sign Up Made in Canada vs. Product of Canada: Know the difference to ‘Buy *********’ This is the hidden content, please Sign In or Sign Up 2:39 Trump’s Canada tariff delay caps off day of his mixed messages The Business Council of Canada also notes that “with a 30-day delay, much uncertainty remains.” President and CEO Goldy Hyder said it remains clear that Canada must “act with urgency to improve our long-term economic prospects.” Quebec Premier François Legault complained that “what’s annoying” about dealing with Trump “is that there’s always this sword hanging over our heads.” He believes the events of the last few days emphasize the importance of diversifying markets and limiting ********* dependence on American exports. Story continues below advertisement Canada has spent the last three months on a full-court press in Washington, D.C. and Mar-a-Lago, Trump’s Florida resort, trying to push its case against tariffs. Despite the pause, that work continues. Energy and Natural Resources Minister Jonathan Wilkinson will be in Washington Tuesday to deliver a speech on the future of energy in North America. More on Canada More videos © 2025 The ********* Press This is the hidden content, please Sign In or Sign Up #Trumps #tariff #pause #uncertainty #looms #********* #economy #National This is the hidden content, please Sign In or Sign Up This is the hidden content, please Sign In or Sign Up Link to comment https://hopzone.eu/forums/topic/208260-despite-trump%E2%80%99s-tariff-pause-uncertainty-looms-over-canadian-economy-%E2%80%93-national/ Share on other sites More sharing options...
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