United States President Donald Trump’s tariffs have shaken the global trading system. Canadians have rightly been preoccupied by the tariff’s devastating impact on U.S.-Canada relations, but the wider ripple effects could prove just as damaging.
The tariffs have redirected billions of dollars in exports originally bound for the U.S., which are now poised to flood global markets — including Canada’s. This will trigger a historic trade diversion that will put even the most free trade-minded nations to the test.
