Trump's Canada Disaster Gets WORSE As Colossal Job Consequences Revealed
The Damage Report • 171.8K views • 1d ago
Description
Donald Trump's insane attacks on Canada and threats not to renew the key free trade deal, USMCA, blow up in his face as the latest data proves his standoff could cost the US massively both financially and in 200K jobs lost. John Iadarola breaks it down on The Damage Report. Leave a comment with your thoughts below!
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Canada could lose 100K jobs with U.S. losing 200K if CUSMA dies: report - https://globalnews.ca/news/12016650/canada-jobs-cusma/
"If the Canada-U.S.-Mexico free trade deal, also known as CUSMA, breaks down, it would lead to more than 100,000 job losses in Canada and more than twice that in the United States, a new report by an industry group is warning.
In July, Washington said it won’t renew the deal, known as USMCA in the U.S., in its current form. That means the trade deal must be reviewed annually, adding to the volatility and economic uncertainty facing businesses. At the same time, the clock is ticking ahead of a fresh round of U.S. tariffs.
U.S. President Donald Trump has vowed to hit Canada with new sweeping 50 per cent tariffs on a wide range of goods, which are set to land on Aug. 19.
A lot is riding on the deal being renewed, a new report by the Canadian American Business Council warns."
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