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Trade and tariffs
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Home / News / Trade and Tariffs Update

Trade and Tariffs Update

With the state of trade between Canada and the United States undergoing a period of transformation, this blog post has aggregated a number of resources from provincial, national, and international experts that might shed some additional insights into this complex situation.

Economic Development will continue to share updates and relevant information through investinhamilton.ca and our monthly newsletter.

The Government of Canada has announced a comprehensive plan to support Canadian businesses affected by these tariffs. You can learn more here.

Please feel free to connect with the Economic Development team through this link should you have questions or concerns or require further resources or support.

Contemporary Reading

BDC Canada – Resources for businesses impacted by potential U.S. tariffs

The Conference Board of Canada – Donald Trump’s 25 Per Cent Tariff Threat

The Conference Board Committee for Economic Development – Tariffs: Not Yet but Still a Threat

Export Development Canada – United States Market Intelligence

Hamilton Chamber of Commerce – Standing Strong for Hamilton: Navigating U.S. Tariffs Together

KPMG – Navigating potential tariffs

KPMG – The Tariff Impact: Navigating Trade Disruption as a Canadian Business

RBC Thought Leadership: Davos 2025: Searching for Nuggets in the new Golden Age

RBC Capital Markets – The George Davis Report: January 2025 Edition

Relevant Historical Context

Government of Canada Office of the Chief Economist – Highlights of Canada’s Merchandise Trade Performance 2023

Statistics Canada – Canada’s International Trade and Investment Country Factsheet

Statistics Canada – Canadian Economic News (Monthly 2016-2024)

Statistics Canada – Impact of Recent Tariffs on Canada’s Merchandise Trade