Former Obama Ambassador Says Trump Threats Are Stifling Canada Investment
- Heyman urges Trump to end doubts on tax, trade policy
- Ex-U.S. ambassador says threats on Twitter also not helping
Bruce Heyman, former U.S. ambassador to Canada, comments on the trade row between the U.S. and Canada. He speaks with Bloomberg's Oliver Renick and Scarlet Fu on 'Bloomberg Markets.' (Source: Bloomberg)
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President Donald Trump’s trade threats against Canada and uncertainty around tax policy are stifling investment in one of the U.S.’s biggest trade partners, according to Bruce Heyman, a former U.S. ambassador to Canada.
“Uncertainty on tax and trade is a business and investment killer,” Heyman said in a speech late Tuesday. “Too many in the private sector are frozen from making future economic decisions. They wait, ideally for some certainty or at least some clarity. Going from tweets to threats is not helpful.”