Customs Prices: What jobs are most dependent on the United States? star-news.press/wp
Donald Trump President President should use the “Liberation Day” according to the formula, a new customs series of customs fare must be determined by their magnitude. Many Canadians breathe, and for good reason: it is directly related to eight states in eight employees in the country.
New data published by statistical Canada reveals the dependence of each industry on American demand, in all supply chains.
Jobs include the sectors most of the price consequences include companies that export a lot to the United States, but also those who sell raw materials or products, selling the Canadian companies exporting in the American market. This is that the Canada statistics understand indirect effects.
The problem is today the United States is almost our exclusive partner
Florian Mayneris emphasizes, Professor ESG UQAM professor and specialist in international trade. We always know that our closeness in the United States become weak, but today we feel the effects in a wicked way.
In different industries, more than three quarters of the jobs depend on the United States Trade. This is especially true for manufacturing both engines, parts, parts, parts, as well as the detriment of bituminous sand and aluminum transformation.
In total, this involves more than two million jobs in the country.
Some industries will cause less proportional, but the number of weak works is still large. This is particularly in the case of 140,000 computer systems, 107,000 trucks and 83,000 employees in the country and 83,000 employees.
Although this data appeared at the end of March 2025, it is based on estimates in 2023. As long as companies send to statistical Canada. Then, when the Macroeconomics team can meet and analyze, according to the Directors of Canadian Macroeconomic Accounts of Canada, according to Canadian Canadian Ziad Ghanemic.
It also reflects a great dependency in Canadian exports. In some territories, more than three quarters of goods are aimed at the American market, revealed the study of radio Canada.
For now, Washington has already established 25% customs rates in steel and aluminum, as well as the USA-Mexico agreement of Canada (ACUM). April 2, customs duties reciprocal
They must be included in the goods that must be included in them.
If Ottawa decides to answer, Canadians can affect the monthly budget, as almost three dollars spent by homes used to buy products imported from the United States.
Automotive industry is particularly in danger
From Thursday, 25% customs rates should also include the fee of vehicles from cars and vehicles from the United States.
Almost 60% of the Jobs in Canada’s automotive industry depends on the American market, according to the study carried out by Radio-Canada. This proportion does not include motor vehicle rental, repairs or outlets.
In some specialized sectors, manufacture of metal parts or engines, rising by 85% of the percentage of jobs related to the United States. Of more than 80% of the work on the construction of light vehicles or 38,000 employees, requests in the United States.
This dependency is explained by the very advanced integration of production channels between Canada and the United States. The automotive industry has been developed here in the Canadian market, but to serve the American market
It explains Florian Mayneris. Parts often before we can mount before crossing the borders.
But if trading tensions last, the balance could be changed. A long fare war could encourage certain manufacturers, return everything to love, which would have great impact on employment. Such breaks would also increase production costs, affected by the competitiveness of the sector.
Diversification Necessary, but expensive
The dependence in the United States is particularly great, something to worry about
Mr. Mayneris acknowledges. According to him, these industries can be hard to increase in price rises.
Ottawa, however, must be made to limit damage, especially with salary grants, companies to cross this period of instability.
In the long run, the researcher believes that the most spectacular sectors will be adapted. Despite commercial tensions, the United States will be an essential pair, largely due to the geographical proximity that Canada Very vulnerable
.
It’s not screaming scissors, but companies will be subject to their United States again, turning to other provinces or markets of the European Union.
The diversification of partners is the insurance form, determines. It is important, but expensive. As if we had to row against the sea, go more, sometimes go to partners who are smaller or more expensive to export.
2025-04-02 18:35:00