Prince Edward Island’s premier says Canada’s ongoing trade dispute with the United States will ultimately lead to a higher cost of living for people on both sides of the border.
Dennis King was in Washington, D.C., on Tuesday, along with other Canadian premiers, to talk with leaders in the U.S. about the strained trade relationship between the two countries.
The trip comes just a day after U.S. President Donald Trump announced punishing tariffs on Canadian steel and aluminum — with the threat of more tariffs looming.
“Sometimes in politics and business, you have to deal with shifting sand, but this is like quicksand under our feet,” King told CBC News of the political and economic uncertainty levied by Trump.
“The rules just keep changing, and I think it’s frustrating for many of the politicians that we’re speaking to south of the border.”
At the moment, the U.S. is threatening two actions:
- An economy-wide 25 per cent tariff on goods from Canada and Mexico has been paused …