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Our Statement on Expected March 4 Tariffs
Our Statement on Expected March 4 Tariffs
Businesses can't just switch their whole model to avoid tariffs and then go back again, depending on what politicians decide on any given day.
Businesses on both sides of the border have already been damaged by the uncertainty coming from President Trump’s drip-drip-drip of tariff threats. We have no reason to expect this will change any time soon. Whether it’s tomorrow, next week, or in April, there has already been damage to the relationship and to our economies.
Either way, we will have a long road back to Canada and the U.S. being trusted economic partners again. Businesses can’t just switch their whole model to avoid tariffs and then go back again, depending on what politicians decide on any given day.
The United States and Canada’s economic partnership is the envy of the world and brings massive benefits to families and workers in both countries. Every day without tariffs is $3.6 billion in economic wins. But every day with tariff threats makes us weaker as allies.
The Canadian Chamber of Commerce believes in the value and promise of our continued trade alliance with the U.S. But when it comes down to it, we are going to stay squarely focused on what’s in Canada’s interest: protecting jobs, keeping our businesses competitive, and ensuring Canada’s long-term economic security.
- Matthew Holmes, Executive Vice President, International, and Chief of Public Policy
About the Canadian Chamber of Commerce — The Future of Business Success
The Canadian Chamber of Commerce is Canada’s largest and most activated business network — representing over 400 chambers of commerce and boards of trade and more than 200,000 business of all sizes, from all sectors of the economy and from every part of the country — working to create the conditions for our collective success. The Canadian Chamber of Commerce is the undisputed champion and catalyst for the future of business success. From working with government on economy-friendly policy to providing services that inform commerce and enable trade, we give each of our members more of what they need to succeed: insight into markets, competitors and trends, influence over the decisions and policies that drive business success, and impact on business and economic performance.
Media Contact
Shane Mackenzie
Vice President, Media and Stakeholder Communications
613.302.7683
smackenzie@chamber.ca
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