Dossier
Desjardins
Coverage of Desjardins in the Nexus archive.
- 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.
- Trump's tariff threat could impact Canadian economy but may be negotiation tactic, experts say
The U.S. announced 50% tariffs on Canadian goods including honey, liquor, and wood products, effective August 19, excluding energy and critical minerals. Experts warn the tariffs could reduce Canadian exports by $28 billion annually and suppress economic growth by 0.2-0.3% in 2026-2027, while the USMCA trade pact remains unresolved.