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CUSMA breakdown could mean hundreds of thousands of jobs, a trillion dollars lost: report

A new report from the Canadian American Business Council found that a failure to renegotiate a North American trade deal would have widespread impacts on the Canadian economy, including the loss of 102,000 Canadian jobs and 214,000 American ones. On the flip side, a successful renegotiation would add jobs and boost GDP.

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A new report from the Canadian American Business Council found that a failure to renegotiate a North American trade deal would have widespread impacts on the Canadian economy, including the loss of 102,000 Canadian jobs and 214,000 American ones. As trade talks aimed at avoiding fresh U.S. tariffs continue, a new report is warning that the breakdown of the Canada-U.S.-Mexico Agreement would lead to hundreds of thousands of job losses and major economic impacts on both sides of the border. The report, prepared for the Canadian American Business Council by Oxford Economicsan independent economic advisory firmand released Monday, analyzed the likely result of three different outcomes of the ongoing trade talks between the U.S. and Canada. In the event that CUSMA were to end, a projected 214,000 American and 102,000 Canadian jobs would be lost, the report said, compared to the status quo scenario. But if CUSMA were renegotiated successfully, the U.S. and Canada stand to add jobs — 137,000 and 98,000 of them, respectively. Burke says the findings highlight just how important the trading relationship between the U.S. and Canada is to the success of both countries. Why Trump is threatening new 50% tariffs on Canadian exports right now Frustration, worry and hope: Canadian businesses brace for the latest round of U.S. tariffs The impacts also extend beyond jobs.

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would have widespread impacts onCollocation

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From the storyA new report from the Canadian American Business Council found that a failure to renegotiate a North American trade deal would have widespread impacts on the Canadian economy, including the loss of 102,000 Canadian jobs and 214,000 American ones.

including the loss ofCollocation

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From the storyA new report from the Canadian American Business Council found that a failure to renegotiate a North American trade deal would have widespread impacts on the Canadian economy, including the loss of 102,000 Canadian jobs and 214,000 American ones.

aimed at avoiding fresh UCollocation

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From the storyAs trade talks aimed at avoiding fresh U.S. tariffs continue, a new report is warning that the breakdown of the Canada-U.S.-Mexico Agreement would lead to hundreds of thousands of job losses and major economic impacts on both sides of the border.

is warning that the breakdownCollocation

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From the storyAs trade talks aimed at avoiding fresh U.S. tariffs continue, a new report is warning that the breakdown of the Canada-U.S.-Mexico Agreement would lead to hundreds of thousands of job losses and major economic impacts on both sides of the border.

would lead to hundreds ofCollocation

จะนําไปสู่หลายร้อย.

From the storyAs trade talks aimed at avoiding fresh U.S. tariffs continue, a new report is warning that the breakdown of the Canada-U.S.-Mexico Agreement would lead to hundreds of thousands of job losses and major economic impacts on both sides of the border.

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