Part 3/7:
The message is clear: Canada is eager to avoid the economic repercussions that tariffs would entail. As Hall succinctly stated, imposition of a 25% tariff on Canadian goods could plunge Canada into a recession, as its economy is significantly intertwined with the U.S. export market. Such tariffs would drastically hamper Canadian sales into the U.S., prompting Canada to act swiftly in its response strategy.