Tariffs threatened by Trump could undermine food and energy security, Sask. premier warns

Politics and Government Politics and Government

Sat, December 14, 2024

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Tariffs threatened by Trump could undermine food and energy security, Sask. premier warns

^{Published on 2024-12-14 16:20:38 - MSN}

Saskatchewan Premier Scott Moe is warning a 25 per cent tariff U.S. president-elect Donald Trump is threatening would hurt Canada's food and energy sectors and be "disastrous" for economic stability and security on both sides of the border.

Saskatchewan Premier Scott Moe has expressed concerns over the potential reimposition of tariffs by former U.S. President Donald Trump, warning that such actions could jeopardize global food and energy security. Moe highlighted the detrimental impact of previous tariffs on Canadian exports like steel, aluminum, and lumber, which led to retaliatory measures from Canada. He emphasized the importance of maintaining open trade relations, especially given Saskatchewan's significant role in exporting potash, uranium, and agricultural products, which are crucial for global food and energy supplies. Moe's comments come in light of Trump's recent statements suggesting he might reinstate tariffs if he returns to office, a move that could disrupt the integrated North American supply chains and affect economic stability.

Read the Full MSN Article at:
[ https://www.msn.com/en-ca/politics/government/tariffs-threatened-by-trump-could-undermine-food-and-energy-security-sask-premier-warns/ar-AA1vRT1L ]

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