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CNBC: Canadian Ambassador to U.S. Says Tariffs Drive Up Investment Costs and Inhibit Business Expansion
According to CNBC, Canadian Ambassador to the U.S. Mark Wiseman stated at the B20 summit in Washington on Wednesday that the uncertainty brought by Donald Trump's tariffs will increase the cost of capital and weaken businesses' willingness to build new factories, commission ships, and invest in R&D. He called for the removal of the relevant tariffs as soon as possible to provide a clearer environment for long-term corporate investment.
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