Feb 06 2025 46 mins 20
Canada and the United States walked back from the brink of a full-blown trade war after US President Donald Trump threatened to impose 25% tariffs on products from Canada.
While Trump has granted Canada a temporary 30-day "pause" on his threatened trade war, if he makes good on his threats, Canada's economy could be facing an apocalyptic scenario with food and gas prices skyrocketing, hundreds of thousands of job losses and communities across Canada getting hollowed out as key industries shut down.
On this episode of Sources, DT Cochrane, Senior Economist with the Canadian Labour Congress, joins PressProgress Editor Luke LeBrun to explain how serious Trump's tariff threats would be on Canadian workers and why Canadian labour unions are calling on Canada to stand its ground and "hit back hard."
