What’s next for Canada in the tariff landscape?
May 15, 2025
Two months after U.S. tariffs took effect, UBC Sauder’s Sam Roscoe breaks down the impact on Canadian industries—and what’s needed to stay competitive.
It’s been a little over two months since U.S. president Donald Trump introduced tariffs on trading partners around the world. The U.S. has recently eased tensions with some—reaching a 90-day tariff truce with China and finalizing a new deal with the U.K. to lower tariffs on steel and automobiles. For Canada, which continues to face tariffs on steel, aluminum and other goods, these developments raise important questions.
Signs of progress emerged after a recent meeting between Prime Minister Mark Carney and President Trump, but significant uncertainty remains. UBC Sauder School of Business lecturer Sam Roscoe, an expert in geopolitical risk and supply chains, explains how these shifting dynamics could affect Canadian businesses.
- Teaching and Learning
- Media release
