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How Canadians can prepare for the Trump Tariffs

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Manage episode 460420009 series 3635010
Content provided by Rupesh Patel. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Rupesh Patel or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.

In this episode of Government Policy Unpacked, host Rupesh Patel dives into the potential economic fallout of the "Trump Tariffs"—a sweeping 25% tariff planned on all Canadian exports to the United States. With the U.S. as Canada’s largest trading partner, these tariffs could have dire consequences for Canadians.

Rupesh unpacks how the Canadian economy, heavily dependent on U.S. trade, could face significant challenges in industries like manufacturing, agriculture, and energy. He also discusses the role of the Bank of Canada in mitigating these impacts, including the possibility of lowering interest rates to support the economy.

Finally, Rupesh explores actionable solutions for Canadians to prepare, such as diversifying trade, investing in domestic industries, and eliminating internal trade barriers.

Stay informed and discover how Canada can adapt to safeguard its economy amidst these uncertain times.

Subscribe so that you don't miss out on episodes that will come out weekly!

  continue reading

14 episodes

Artwork
iconShare
 
Manage episode 460420009 series 3635010
Content provided by Rupesh Patel. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Rupesh Patel or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.

In this episode of Government Policy Unpacked, host Rupesh Patel dives into the potential economic fallout of the "Trump Tariffs"—a sweeping 25% tariff planned on all Canadian exports to the United States. With the U.S. as Canada’s largest trading partner, these tariffs could have dire consequences for Canadians.

Rupesh unpacks how the Canadian economy, heavily dependent on U.S. trade, could face significant challenges in industries like manufacturing, agriculture, and energy. He also discusses the role of the Bank of Canada in mitigating these impacts, including the possibility of lowering interest rates to support the economy.

Finally, Rupesh explores actionable solutions for Canadians to prepare, such as diversifying trade, investing in domestic industries, and eliminating internal trade barriers.

Stay informed and discover how Canada can adapt to safeguard its economy amidst these uncertain times.

Subscribe so that you don't miss out on episodes that will come out weekly!

  continue reading

14 episodes

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