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

The U.S. threat of 50% tariffs on Canadian goods, effective August 19, could impact $28 billion in annual Canadian exports to the U.S. and suppress economic growth, though experts suggest it may be a U.S. negotiation tactic. The tariffs target products like honey, liquor, and wood products under the USMCA trade pact, which the U.S. has not renewed, extending negotiations until 2036.