How Donald Trump could impact Saskatchewan’s trade industry

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Saskatchewan Exports,Canada,Politics

With Donald Trump back in the white house, what could it mean for Saskatchewan industries? Exporters worry that potential tariffs could significantly impact local trade.

Recent comments from Trump have some concerned about exports down south.Gunter Jochum, the president of the Wheat Growers association, said Trump suggesting a 10- to 20-per cent tariff on all imported products could spell trouble.

“That being said, it is really difficult to know how it will all unfold. Whether those were election promises, and we all know how that usually goes.”A tariff is a government tax imposed on imported goods and services, mainly used to raise revenue, influence trade partners and protect domestic industries.

The Wilson Center’s director of the Canadian Institute, Christopher Sands, said if Canada panics, it needs to panic responsibly.Canadian Zach Edey turning heads with start to NBA career with Memphis Grizzlies

 

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