Canada should be prepared for tariffs to be a permanent fixture in its trade relationship with the United States, according to a former member of Canada’s advisory council in the North American free trade agreement renegotiations. “We finally signed the new NAFTA… We thought we had come to a resolution and we had some closure with the U.S. government, but it took very little time for them to slap tariffs back on Canada,” Rona Ambrose, incoming TD Securities deputy chair, told BNN Bloomberg in an interview on Wednesday.
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