Economic Impact
- Manitoba Liquor Marts' decision to remove American liquor products will result in an $80 million loss for the US economy in Ontario, highlighting the significant financial consequences of trade disputes.
Trade Retaliation
- Canadian provinces' removal of US alcoholic products in response to Trump's 25% tariffs is expected to affect over $1 billion in cross-border booze trade, according to American distillers.
Economic Strategy
- Economists warn that Canada's tit-for-tat approach to US tariffs is a losing battle, comparing it to a mouse attacking a two-ton elephant, and advocate for resolution through diplomatic channels.