Manitoba is responding to the latest U.S. tariffs with more than $100 million in support for workers, businesses and producers to help them withstand the headwinds, but the opposition said it’s “too little, too late.”
“We will support workers, we will support businesses, we will ensure that we have market and trade diversification and build a stronger, more resilient economy,” Business Minister Jamie Moses said Friday at the legislature alongside Agriculture Minister Ron Kostyshyn.
The United States imposed 50 per cent tariffs on $27.6 billion of Canadian exports as of Aug. 22 after trade talks fell apart. Canada has announced retaliatory tariffs on select U.S. products starting Sept. 8.
The latest escalation in U.S. tariffs is expected to affect a wide range of Manitoba industries, the ministers noted, including manufacturing, agri-food, transportation, construction, wholesale trade, aerospace, forestry, steel, machinery, beverages and related supply chains.
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