The news that President Trump has imposed 25% tariffs on Canada has been a real gut punch for all of us. It feels like a deep betrayal from a once close friend and ally, and Canada does not deserve this treatment. The fact is that when oil & gas are removed from the trade balance equation, Canada actually has a huge trading deficit with the U.S.; and the U.S. badly needs our raw materials to grow its economy (which we provide at a deep discount!). It is very unfortunate that the American administration is following this lose-lose economic policy.
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