Canada aims for free internal trade that can offset any US tariffs, Carney says
TORONTO - Prime Minister Mark Carney on Friday said Canada could offset the effects of any US tariffs by removing internal trade barriers and that he aimed for free trade within the country by July 1, after meeting provincial and territorial leaders.
Carney on his website cites research that found removing internal barriers would reduce trade costs by up to 15% and expend the economy by 4% to 8%. Business groups have long complained about trade barriers among the 10 provinces and three territories and a drawn-out permitting process that means it can take years to develop and build mines, oil pipelines and other major resource projects.
Canada sends 75% of exports to the United States and a third of all imports come from its southern neighbor, leaving its economy vulnerable to a protracted trade war.
پاکستان تازہ ترین خبریں, پاکستان عنوانات
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