Business

Trade War Fears Loom as Canada Faces Economic Risks

Updated 2026-08-28 21:55 UTC 1 source Negative

Analysts warn that ongoing trade tensions between the US and Canada could lead to significant job losses in Canada, potentially triggering a recession. The current tariffs under the USMCA pact are causing economic concerns among business analysts.

Coverage timeline — 1 article
Al Jazeera
Analysts say Canada may lose 100,000 jobs under the current tariffs and could go into recession if the USMCA pact ends.
2026-08-28 21:39 UTC
Share: Twitter / X LinkedIn