WASHINGTON, Feb. 1, 2025
/CNW/ - Today, Beth Burke, CEO of
the Canadian American Business Council released the following
statement:
"The Canadian American Business Council strongly opposes the
Trump Administration's imposition of tariffs on Canadian goods.
This action will harm jobs, businesses, and consumers in
the United States and
Canada.
"The United States and
Canada share one of the world's most successful economic
partnerships, built on decades of collaboration, trust, and
mutually beneficial trade. We are each other's largest trade
partners with approximately $2.7
billion (CAD$3.6 billion)
worth of goods and services crossing the border each day in 2023.
This relationship facilitates our mutual competitive advantage,
domestic job security, and resilience.
"We urge both governments to seek constructive solutions that
strengthen, not weaken, this essential economic partnership. As the
voice of the bilateral business community, the Canadian American
Business Council underlines that the power of our two countries
relies on free trade. Tariffs deeply disrupt our interconnected
supply chains, jeopardize energy security, and undermine the
economic foundation that supports our shared national
security.
"The United States and
Canada are each other's most
important customer and supplier, neighbor and friend, and we
must prioritize this exemplary relationship to ensure we face the
world's challenges together."
About the CABC: Established in 1987, the Council is
the leading non-profit, non-partisan, issues-oriented organization
dedicated to fostering dialogue between the public and private
sectors in Canada the US. Members
are key business leaders and stakeholders from both sides of the
border ranging from entrepreneurs to best name brands in the world.
Collectively, CABC members employ about two million people and have
annual revenues of close to $1.5 trillion. For more
information about the CABC and its leadership team, please visit
www.cabc.co
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SOURCE Canadian American Business Council
