Canada could lose tens of thousands of jobs due to Trump’s 50% tariffs

Following the breakdown of trade talks between Canada and the U.S., President Donald Trump has imposed 50 per cent tariffs on various items. According to analysis provided by economist Trevor Tombe, the persistence of these tariffs could lead to the loss of tens of thousands of jobs within Canada. The economic impact stems directly from the new trade barriers established by the U.S. administration after the failure of bilateral negotiations to reach a mutual agreement.