In a bold move set for November 2024, U.S. President-elect Donald Trump announced his intention to sign an executive order imposing a 25-percent tariff on all products entering the United States from Mexico and Canada. This decision has stirred significant conversations across borders.
To gauge public sentiment, a CGTN Stringer hit the streets of Toronto, engaging with locals about the potential economic impact of these tariffs. The responses were a mix of worry and skepticism.
Many residents voiced concerns that the new policy could harm both U.S. and Canadian economies. \"This move could disrupt our trade relations and affect jobs on both sides of the border,\" one local entrepreneur shared.
However, not everyone sees the tariffs as purely detrimental. \"At all, this policy will not really harm Canadian producers and farmers, but rather will probably harm the American people,\" explained a Toronto resident. This perspective suggests that American consumers might bear the brunt of increased costs due to the tariffs.
As the situation unfolds, the eyes of both nations remain keenly focused on how these tariffs will shape the economic landscape. Stay tuned for more updates on this developing story! 🌍💬✨
