Canada’s provincial premiers are sharply divided on how to prepare for US trade tariffs, less than a week before Donald Trump takes office with a threat to dramatically reshape the relationship between the two countries.
Canadian officials have sought to defuse the crisis with personal appeals to the president-elect, multimillion-dollar advertising sprees and targeted threats, but the country remains gripped by uncertainty over how Trump’s tariffs might take effect. On Monday, Bloomberg reported that the incoming US administration is weighing hiking tariffs by 2%-5% a month to avoid spiking inflation.
