NAFTA talks hurt Canadian exporters even before trade dispute escalation: poll
The Canadian PressIndustry Manufacturing Operations
Ottawa – A growing number of Canadian exporters were saying the NAFTA talks were having a negative impact on their operations even before the trade dispute with the United States escalated in recent weeks.
A survey done for Export Development Canada found 28 per cent of the 1,000 exporters asked said the NAFTA talks had a negative impact on their Canadian operations.
That was up from 23 per cent in an earlier survey.
However, the bi-annual survey found overall trade confidence increased to 76.5 per cent from 73.5 per cent in the previous questionnaire.
The survey was done from April 18 to May 11, before the United States ended an exemption for Canada on the global steel and aluminium tariffs it had put in place in March.
Since the tariffs went into place on Canadian metal exports at the end of May, Canada has imposed retaliatory tariffs on steel and aluminium coming from the U.S. as well as a wide range of consumer goods, while the U.S. has threatened additional tariffs on the auto sector.