https://www.theglobeandmail.com/
Canada’s critical minerals sector would suffer a significantly less punishing blow from U.S. President Donald Trump’s threatened tariffs compared with the broader Canadian economy if he moves ahead.
Mr. Trump earlier this week temporarily backed off from imposing 25-per-cent tariffs on most Canadian imports, but the risk remains high, with the possibility that he’ll follow through after the 30-day reprieve runs out.
But amid this uncertainty, much of Canada’s resource sector can expect less pain than other parts of the economy. That’s because Mr. Trump’s 10-per-cent carve-out on tariffs for energy would also apply to a broader swath of the resource sector, including critical minerals.
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