JOURNAL ARTICLE

Canada Weighs Export Taxes on Uranium, Oil If Trump Starts Trade War.

  • Published In: Bloomberg.com, 2024. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Platt, Brian 3 of 3

Abstract

Canada is considering implementing export taxes on key commodities like uranium, oil, and potash if President Donald Trump imposes broad tariffs. While export levies are seen as a last resort, retaliatory tariffs and export controls are more likely initial responses. The potential use of export taxes has sparked political divisions within Canada, particularly among provinces like Alberta and Saskatchewan, which are major producers of these commodities. The Canadian government is aiming to avoid a trade war with the US, with Prime Minister Trudeau emphasizing diplomacy and border security measures in response to Trump's trade policies. [Extracted from the article]

Additional Information

  • Source:Bloomberg.com. 2024/12, pN.PAG
  • Document Type:Article
  • Subject Area:Power and Energy
  • Publication Date:2024
  • Accession Number:181623339
  • Copyright Statement:Copyright of Bloomberg.com is the property of Bloomberg, L.P. and its content may not be copied or emailed to multiple sites without the copyright holder's express written permission. Additionally, content may not be used with any artificial intelligence tools or machine learning technologies. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

Looking to go deeper into this topic? Look for more articles on EBSCOhost.