More than 136,000 B.C. jobs are directly tied to the United States’ demand for goods.
A new report from the Business Council of B.C. (BCBC) highlights the province’s serious economic consequences if U.S. president-elect Donald Trump follows through with his tariff threat.
The report states that the U.S. is B.C.’s biggest trading partner. Between January and November of 2024, the province exported $26.4 billion of goods, mainly through its energy and forestry ministries, it said.
Natural resources, including energy, forestry, metals, agriculture, and fishing products make up 69 per cent of B.C.’s exports to the U.S., the report states.
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“The U.S. is B.C.’s largest trading partner, and any disruption in our trading relationship would reverberate through our economy,” said report author and BCBC director of policy, Jairo Yunis.
“Trade, however, is a two-way street. American consumers and businesses would also face impacts from new tariffs — a critical point we must continue to emphasize. Trade offers no …