New US tariffs add pressure but Canada can weather the storm: RBC
The reverse, however, is far harder. Approximately 81% of Canada’s exports of the tariffed products were destined for the US in 2025, with plastics and articles showing a dependence as high as 92%. “Trade diversification remains a more elusive goal for Canada,” the authors wrote, one “that will take considerable time to achieve.” Plastics product manufacturing,…