Canada expecting smaller hit from Trump’s global tariffs, says N.B. premier after meeting PM [Video]

U.S. President Donald Trump says he’ll impose sweeping global tariffs on Wednesday, but New Brunswick Premier Susan Holt says Prime Minister Mark Carney told provincial and territorial leaders that Canada is expected to sustain less damage than other trading partners.

After meeting with Carney on Friday, Holt said Sunday that it was “encouraging” to hear “it looks like we will receive a favourable — if you can call it that — level of tariffs.”

According to Holt, the prime minister told premiers the expectation is different tiers of tariffs, and for Canada to fall in the lowest level — “as low as 10 or 15 per cent.” 

Not only that, the tariffs may not be applied across the entire Canadian economy, she said.

“It means that our projections in New Brunswick for a potential 11,000 people to lose their jobs can shrink down to something smaller than that,” Holt said …