Trump’s tariff threat could impact Canadian economy but may be negotiation tactic, experts say

U.S. President Donald Trump announced 50% tariffs on Canadian goods, including honey, liquor, and dairy products, effective August 19. Experts suggest the tariffs could impact Canada's economy by affecting $28 billion in annual exports and potentially slowing growth, but may also serve as a negotiation tactic amid ongoing USMCA trade pact discussions.