Vehicle tariffs could reach 50%, pushing car prices higher as dealerships' cost-absorption capacity weakens and manufacturers shift toward luxury models. Construction materials, household goods, and alcohol face new tariffs; Canada strategically targeted fungible items to minimize domestic impact while US consumers face broader costs.
Tariff escalation between US and Canada to hit autos, homes and household goods
Potential job losses in forestry (200,000 employed), automotive manufacturing, and cross-border trade-dependent businesses; economic uncertainty affecting household investment and employment.
Politics & Governance