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Yesterday, U.S. President Donald Trump launched another wave of tariffs, this time affecting imports from most of the world effective April 5, 2025. Although there were no further tariffs placed against Canadian imports, the recent 25% tariffs on steel and aluminum and other​“non-compliant” imports, as well as 10% tariffs on energy and potash, are already having an effect.

The Canadian government was awaiting yesterday’s announcement to determine what, if any, further retaliation should be taken against the U.S. Further details are expected in the near future. Other governments are expected to take action against the U.S. as well.

Virtually every economist and financial expert predicts the escalating trade war will result in higher costs and job losses in the U.S., Canada, and elsewhere. Many believe the actions of the U.S. could drag the world into a recession. 

Manitoba is not immune to a trade war. The steel mill in Selkirk is greatly affected by the recent U.S. tariffs, as are many manufacturers and agricultural producers across Manitoba. Manitoba and Canadian exporters are seeking new markets for their goods, but this will take time.

We are continuing to monitor the impact of any trade actions on your practice — including the costs and availability of equipment and supplies. Several weeks ago, our President Dr. Randy Guzman introduced Doctors Manitoba’s action plan to​“tariff proof” the health care system and protect Manitobans’ health and well-being. You can see more here.

The uncertainty and instability affects all of us. As physicians, it’s important to look after your patients … but also yourself and your loved ones too. Dr. Kurt Skakum’s advice from early February continues to be valuable for our members and their families. We encourage you to take another look at Dr. Skakum’s advice. As always, our members can access our Doc360 physician health and wellness resources.

We will continue to keep you updated on this difficult issue. Troubled times must not impact physicians’ ability to care for Manitobans.