What Does Canada Need to Do to Stave Off Trade-Related US Tariffs?
Canada spent just 1.37 percent of its GDP on defence in 2024, making it one of eight countries in the 32-member alliance not meeting the target
While Canada has temporarily been spared crushing 25 percent tariffs on all exports by U.S. President Donald Trump, several economists say it will likely need to provide economic concessions by opening up several industries that have long been protected by Ottawa.
“There’s a bunch of stuff he’s going to put on the table. And his idea will be, ... ‘If you don’t take it, then we’re going to crush you,’” said Eric Miller, president of the Rideau Potomac Strategy Group geopolitical advisory firm. “And the bottom line is that this is no way to live.” ---More...
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