As the trade disputes between the U.S.A and Canada heat up, a new study shows that a lot of Canadians are concerned and prepared to take action. Last month the Trump administration imposed hefty duties on Canadian steel and aluminum coming into the states. Firing back, Canada hit the US with 16.6 billion dollars of tariffs.
Research Company Nanos Research has now concluded in their recent study that if there is a trade war between the two countries, a majority of Canadians surveyed said they are likely to stop travelling to the U.S., boycott U.S. made goods and stop shopping at U.S.
Here are the major findings from the study:
• A majority of Canadians are concerned about Trump’s claim that the trade dispute will cost Canadians a lot of money.
• Nearly three in four Canadians are likely or somewhat likely to stop travelling to the United States in response to a trade war between the two countries –
When asked how likely they were to curtail or stop travelling to the United States if there is a trade war between the two countries, a majority of Canadians
say they are likely to do so.
• Just over seven in ten Canadians are likely or somewhat likely to boycott U.S. made goods in response to a trade war between the two countries
• A majority of Canadians are likely or somewhat likely to stop shopping at US retailers in Canada in response to a trade war between the two countries.
• Seven in ten Canadians support government aid to steel and aluminum companies affected by US tariffs .
BOTTOM LINE: A Nanos Research spokesperson says that the key takeaway here is that Canadians are ready to go to war with the United States when it comes to tariffs and retaliation, but they are extremely concerned about the negative impact that a poor relationship with the United States will have on the state of and strength of our economy.
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