If the US enacts tariffs on Tuesday, what changes in the NWT? – Cabin Radio
March 3, 2025
A looming tariff war would thrust Canada into “unprecedented times,” Yellowknife economist Graeme Clinton says.
Tariffs of 25 percent on almost all Canadian goods imported into America were first announced by President Donald Trump in late January.
A last-minute reprieve arrived in early February, taking the form of a 30-day pause. Those 30 days are almost up – and Canada now waits to see if there will be another change in plan on Monday, or if those tariffs will come into effect on Tuesday.
If the US does carry out its tariff threat, Canada has lined up retaliatory measures on imports from the States worth tens of billions of dollars.
