MNI PODCAST: FedSpeak - Canada Factories Scrimp Under Tariffs
Mar-24 18:19By: Greg Quinn
Canada+ 1
EXECUTIVE SUMMARY
- Canadian Manufacturers & Exporters President Dennis Darby says firms are cutting back on capital spending including replacement of gear.
- Trump's ambition to relocate production within the U.S. would take a long time and may face resistance from Americans seeing higher prices and reduced availability of products.
- Darby backs Canada's approach of matching tariffs dollar-for-dollar without escalating the dispute.
Listen to the full episode here.
