US President Donald Trump has the world's leading economies on edge as he prepares to unveil a promised raft of tariffs that critics say could trigger a global trade war. Trump has dubbed an announcement on tariffs expected on 2 April as "Liberation Day" for the US. "It's tough to put together a concrete plan when you really don’t know what is going to happen and how long it will last for," says Carrie McEachran, CEO of a chamber of commerce in a Canadian border town.
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00:00Tariffs are about making America rich again and making America great again
00:05and it's happening and it will happen rather quickly. There'll be a little
00:09disturbance but we're okay with that. It won't be much.
00:30I think we've been relying on America for too long and maybe this is a push
00:54for Canadians to look at other people to export products to other countries to
01:01export.
01:16It's tough to put together a concrete plan when you really don't know what's
01:20going to happen and how long it will last for.
01:39Europe has not started this confrontation. We do not necessarily want
01:44to retaliate but if it is necessary we have a strong plan to retaliate and we
01:51will use it.
02:15The US customs meet many of our customers, especially those in the automotive sector,
02:23in the steel sector. Of course, we are only doing well as far as our customers are concerned
02:28but we are not directly affected by the US customs with our strong German-European business.