1450 ET - Canadian businesses may be hesitant to look to alternative markets as demand falters in the U.S. under the weight of tariffs, but they can compete in markets around the world, the head of Allianz Trade's operations in Canada says. David Dienesch tells The WSJ that Canadian firms have competed successfully in the U.S. marketplace. "We can compete elsewhere, too." Dienesch said Canadians have access to over 50 countries via free trade agreements in Europe and Asia, and the country has abundant natural resources, one of the world's biggest economies and a solid industrial base. The first step would be to reach out to industry export associations and financial associations. They also should look locally for alternative supply-chain inputs, and seek ways to limit to foreign exchange risk. (robb.stewart@wsj.com; @RobbMStewart)
(END) Dow Jones Newswires
March 04, 2025 14:50 ET (19:50 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。