Trump’s tariff threat to have ‘minimal’ impact: Sask. Premier
Saskatchewan Premier Scott Moe says most of the province’s exports will remain exempt after U.S. President Donald Trump threatened Thursday to impose 35 per cent tariffs on Canadian imports starting Aug. 1.
In a statement to media on Friday afternoon, Moe said that 95 per cent of Saskatchewan exports comply with the USMCA, and the White House has confirmed those goods are exempt from the new tariffs.
“That said, all tariffs and trade disputes hurt businesses, workers and consumers on both sides of the border, so we will continue to engage with U.S. officials to encourage free and fair trade with the U.S., while also continuing to expand Saskatchewan’s export markets around the world,” Moe said.
Canada and the United States had committed to working on a new economic and security agreement with a July 21 deadline. But in a letter to Prime Minister Mark Carney, Trump said the trade deficit with Canada is a threat to the American economy and national security. He wrote that if Canada works to stop the flow of fentanyl into the United States, he may consider a tariff adjustment.