Canada needs to implement its own border tax if the United States moves ahead with one of its own, the head of the Business Council of Canada says.
Former Deputy Prime Minister John Manley told Business News Network, “I can tell you what I would be saying at the cabinet table if the United States imposed a border adjustment tax,” he said.
“I’d say, ‘We have to reciprocate. Like, what are we? A bunch of patsies? We’ll have to have one too.’
“And I think other countries would do the same.”
Manley said a U.S. border tax is not good for trade, investment, jobs or creating prosperity.
You can watch his entire interview in the video below.