British Columbia to Axe US Contracts, Pushing Back in Trade Spat [Yahoo! Finance]
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Source: Yahoo! Finance
The US administration's trade policy includes tariffs on automobiles, aluminum and other key exports from Canada. Those import taxes have effectively “ripped up” the trade agreement signed by the US, Mexico and Canada during Trump's first term, BC Premier David Eby said. Since Trump has abrogated the trade accord, Eby said, “obviously it creates the opportunity for us to prefer BC and Canadian products without fear of violating the agreement that he has already trampled under his feet,” Eby said at a press conference Thursday. The provincial government directed ministries, health authorities and core state corporations to review all contracts with US companies, exclude those firms if possible, cancel subscriptions to US publications and non-essential software, avoid non-essential US travel, pause participation in US associations, and develop strategies to reduce dependence on US companies. Eby said the shift will not incur “dramatic additional costs” and acknowledged it will be
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