Five Questions, Five Answers: The Canada/US Trade and Manufacturing Relationship
In this episode of Five Questions, Five Answers, Birgit Matthiesen and Ryan Greer of the Canadian Manufacturers and Exporters (CME) discuss the current challenges facing Canadian manufacturers due to impending US tariffs and the broader implications for the bilateral trade relationship.
On
Ryan emphasizes the interconnectedness of Canadian and US manufacturing sectors and the potential negative impacts of tariffs on both sides of the border. He also provides insight into a possible retaliation strategy by Ottawa and shares his views on the future of North American manufacturing.
Takeaways
- US tariffs pose significant challenges for Canadian manufacturers and their US customers.
- Retaliation strategies are being considered by the Canadian government.
- The United States-Mexico-Canada Agreement remains vital for trade relations between Canada and the United States.
- Past the imposition of tariffs, reducing regulatory burdens is essential for competitiveness.
- The future of manufacturing is uncertain but requires deeper integration.
- Lesson to emerge is that crisis can lead to opportunities for the North American manufacturing sector.
Contacts
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