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Sutcliffe warns of 'historic challenges' in 2025, including Trump tariffs

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  Ottawa faces an "historic challenge" in 2025 as the federal government sheds jobs and office space in the capital and the United States threatens a trade war with Canada, Mayor Mark Sutcliffe warned in a "State of the City" address Tuesday to the Ottawa Board of Trade.

The article from MSN discusses Ottawa Mayor Mark Sutcliffe's concerns about the potential economic challenges facing Ottawa in 2025, particularly due to the possibility of former U.S. President Donald Trump reintroducing tariffs if he wins the next U.S. election. Sutcliffe highlighted the significant impact these tariffs could have on Ottawa's economy, given the city's reliance on trade with the United States. He mentioned the historical context of Trump's previous term where tariffs on Canadian goods like steel and aluminum were imposed, leading to retaliatory measures from Canada. The mayor emphasized the need for Ottawa to prepare for such economic turbulence by diversifying its economic base and strengthening local industries to mitigate the effects of potential trade disruptions.

Read the Full MSN Article at:
[ https://www.msn.com/en-ca/politics/government/sutcliffe-warns-of-historic-challenges-in-2025-including-trump-tariffs/ar-AA1xBWrM ]