Recently Donald Trump posted on social media that he is going to impose 25% tariffs on all goods from Canada and Mexico entering the United States. The impact was immediately felt in Canada with the Canadian dollar taking a dip - and economists predicting it heading to lows we haven’t seen in decades. Many people are also predicting these tariffs will push Canada into a recession. However, is it all doom and gloom? Or will Canada end up stronger after the initial impact - Dan McTeague is a former Liberal MP and he joins Stephen LeDrew for Three Minutes.

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