Manufacturing Insights: National Policy Call – US Trade & Tariffs

OVERVIEW

Since last week’s statement from President-elect Trump that he intends to impose a 25 per cent tariff on all products imported from Canada and Mexico into the United States, CME has been working closely with members, federal and provincial governments, our counterparts at the U.S. National Association of Manufacturers and other partners to understand and communicate the significant damage that such a measure would inflict on Canadian and American manufacturers and their workers.

You can find CME”s statement in response to the proposal here: New tariffs on cross-border trade would have a devastating impact on manufacturers, workers and consumers in both Canada and the United States. This is a truly lose-lose proposition.

CME will be hosting a member call on trade and tariffs on Wednesday, December 11 from 1:00-2:00pm ET.

On the call we’ll provide an update on CME’s advocacy, share the latest insights on how the federal government is managing the tariff threat and hear directly from you on the impact a tariff will have on your business. Join us!

CME ON TARIFFS IN THE MEDIA

• Canadian Press: Trump’s 25% per cent tariff would lead to pain on both sides of border, leaders say
• Canadian Press: Trudeau, premiers to meet Wednesday after Trump trade threat
• Canadian Press: Quick quotes: How Canada is reacting to Trump’s threat to impose a 25 per cent tariff
• La Presse: Menaces de tarifs de Trump: les regroupements d’entreprises inquiets | Affaires | thecanadianpressnews.ca
• Toronto Star: Trudeau, premiers to meet Wednesday over Trump tariff threat
• Financial Post: Trump tariffs could mean recession for Canada next year | Financial Post

• CTV News: Trump tariffs: Canada exports these items to U.S. | CTV News
• Toronto Star: Trump’s tariff would be devastating for Canada and the U.S.
• Global News: Trump tariffs: Which Canadian industries will be hit hardest? – National | Globalnews.ca
• Global News: Canada failed to diversify trade ahead of Trump tariff threats: experts – National | Globalnews.ca
• CTV News: Tariffs would ‘hurt’ the U.S. economy: expert