The Liberal government needs to rethink several key policies in response to U.S. President-elect Donald Trump’s upcoming administration, former Liberal Finance Minister Bill Morneau says.
Trump vowed throughout his election campaign to protect the American economy by implementing a minimum 10 percent tariff on all imports to the United States. Canada has yet to receive any assurances that it will be exempt from the tax.
Trump’s pledge means Canada will need to do far more than emphasize the importance of the Canada-U.S. trade relationship, Morneau told Vassy Kapelos during CTV’s Question Period on Nov. 10.
Considering which policy initiatives and substantive measures can be developed to align with the priorities that the new president is likely to focus on is essential, he said….