Local manufacturers could see job losses as officials predict ‘modest recession’ due to tariffs

Businesses across Ontario are being warned to buckle up as Ontario officials predict Donald Trumps tariffs could lead to a possible recession.

The prediction comes from the Ontario government agency that watches the economy, the Financial Accountability Office (FAO).

It confirms that Trump’s tariffs could push Ontario into job losses, economic decline and a possible recession, and they’re not the only ones who think that.

CHCH News spoke with Ron Foxcroft, the president and CEO of Fluke Transportation – a Hamilton-based trucking and manufacturing business that sells in the US and other countries.

Видео Local manufacturers could see job losses as officials predict ‘modest recession’ due to tariffs канала CHCH News