Carney Considers Export Tariffs on Canadian Goods Amid U.S. Trade Tensions

#markcarney #tariffs #canadausrelations

Carney export tariffs proposal has sparked fierce backlash from Canada’s western provinces, raising concerns about a national unity crisis. Prime Minister Mark Carney said export taxes are "options for Canada" in retaliation to U.S. President Donald Trump's escalating tariffs. But Alberta Premier Danielle Smith slammed the idea, calling it “absurd” and warning it could cost hundreds of thousands of jobs. Saskatchewan Premier Scott Moe agreed, saying it would devastate resource-rich regions and drive up costs for consumers. Export taxes on potash, oil, uranium, and energy could be on the table. A similar policy in the 1980s triggered a multi-year recession in Alberta. Carney claims Canada is “prepared for the worst” and has $125 billion in retaliatory tariffs ready. But with no direct talks between Carney and Trump, tensions are high and political risks even higher. Will Carney’s trade strategy backfire ahead of the federal election?
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