On December 20, Jinshi Data reported that Dennis Darby, CEO of the Canadian Manufacturers and Exporters Association (CME), warned that if US President Trump imposes tariffs on Canada, Canada’s exports worth nearly CAD 600 billion will be at risk. The association’s survey of more than 300 manufacturers found that companies are taking proactive measures, including 30% of companies accelerating shipments to the United States, 30% of companies delaying investment, and 22% of companies stopping recruitment. The survey found that if tariffs are implemented, 48% of manufacturers will consider stopping recruitment or layoffs, 46% of manufacturers will consider delaying or canceling planned investments, and 49% of manufacturers will consider transferring some production to the United States.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
