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Reading: Sask. reacts to 30-day pause on potential U.S. tariffs
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The Wall Street Publication > Blog > World > Sask. reacts to 30-day pause on potential U.S. tariffs
World

Sask. reacts to 30-day pause on potential U.S. tariffs

Editorial Board Published February 4, 2025
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Sask. reacts to 30-day pause on potential U.S. tariffs
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“I might encourage the federal authorities to maneuver rapidly on their border safety commitments to exhibit actual motion on this 30-day window.

“I will be reiterating the message that Saskatchewan’s exports are crucial to North American food and energy security in Washington next week.”

Opposition chief Carla Beck additionally issued an announcement on the heels of Monday’s tariff reprieve.

“No one wins in a trade war,” Beck mentioned. “This pause in the implementation of tariffs is very welcome and we continue to advocate for our continued economic and security partnership with the United States. Our nations have always been stronger together.”

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“What we’ve seen from the individuals of Saskatchewan and Canadians from coast-to-coast-to-coast is that we’re able to work with our neighbours to the south to make sure the prosperity of these on each side of the border. However we won’t sit down or roll over to threats to Canadian livelihoods and sovereignty.

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Over the following 30 days, we’ll proceed to work with companions and leaders on each side of the border to make sure that we’re telling the story of our mutual success once we work collectively.”

For enterprise homeowners, it’s a nerve-wracking time however the potential aid is welcomed.

Specialty outlets just like the Funky Gifter in Regina, who import groceries like soda, snacks and even espresso from the U.S., say the results of potential incoming tariffs are regarding.

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“For us the 30 day breather is a sigh of relief,” mentioned proprietor Bruce Kozak.  “However, we’re not holding our breath because with the American government, anything could change at any time.”

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Kozak is not any stranger to driving south of the boarder to choose up his merchandise. He makes the journey upwards of thrice per week, together with on Monday to South Dakota. He mentioned selecting up product is essential earlier than any potential tariffs take impact.

“It’s absolutely a cost saver,” Kozak mentioned about driving himself for the merchandise. “We’ll be bringing back as much as we can over the next 30 days, just to be sure we’re prepared. We’ve already got a pricing structure that we’re going to be implementing starting tomorrow (Tuesday).”

Whereas the shop sells American merchandise, Kozak mentioned they’re nonetheless an unbiased Canadian retailer navigating the trade price, gas prices and inflating costs.

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Saskatchewan exported $26 billion of products to the U.S. in 2023, with potash and oil amongst its main exports.

The province is the world’s largest producer of potash, which is utilized in fertilizers to develop crops. Moe mentioned the U.S. receives 90 per cent of the product from Canada.

TAGGED:30DaypausePotentialreactsSasktariffsU.S
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