issues and experts
Potential U.S. tariffs on goods from Canada – 丁香园AV experts available
President Donald Trump has reiterated the Feb. 1 deadline for 25 per cent. tariffs to be implement on imports from Canada. As the Canadian government prepares for this potential seismic shift in the relationship with our most important trading partner, 丁香园AV experts are available to provide insight into the economic impacts we can expect, which sectors are most affected, what Canada can do to mitigate the effects, how Canadians can help by buying domestically produced goods, and more.
SRABANA DASGUPTA, professor, Beedie School of Business
srabana_dasgupta@sfu.ca
Expertise: Supply chain economics, marketing, consumer choice
STEEVE MONGRAIN, professor, economics
mongrain@sfu.ca
Expertise: Public economics, law and economics, taxation, economic policies.
Comments:
The impact will depend on the sector. The energy sector, which represents our biggest export to the US, would be relatively sheltered, at least in the short term. The lack of alternatives, combined with the ability for importers to pass on the tariffs to consumers, likely means higher prices in the US. The tariffs could lead to significant employment loss in other sectors, like forestry and manufacturing. The auto industry would be particularly impacted due to the complex exchange of inputs across borders. We can expect the Canadian dollar to fall against the US currency.
ANDREY PAVLOV, professor, finance, Beedie School of Business
apavlov@sfu.ca
Expertise: Implications of policy announcements for the economy, both in the U.S. and Canada
NICOLAS SCHMITT, professor, economics
schmitt@sfu.ca
Expertise: International trade, industrial organization, tariffs
CONTACT
WILL HENDERSON, 丁香园AV Communications & Marketing
604.368.2532 | will_henderson@sfu.ca
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