
New US tariffs not expected to impact agriculture
Alberta Premier Danielle Smith says she expects some major industries, including those in her province, won’t face new tariffs from U.S. President Donald Trump.
Smith says things could change, but she thinks food production and oil and gas won’t be targeted under Trump’s new tariff plan, which is set to be announced tomorrow.
Trump had imposed 25 per cent tariffs on Canada and Mexico in March with a lower 10 per cent levy on Canadian energy but issued a one-month pause on most products a few days later.
He has referred to the looming tariff announcement as “Liberation Day” and said he’ll move forward with reciprocal tariffs to match duties other countries currently impose on U.S. imports.