Canada’s US envoy Mark Wiseman warns Trump tariffs raise costs, deter investment

Cointime update: Canada’s ambassador to the United States, Mark Wiseman, warned that President Donald Trump’s tariffs are raising costs and threatening investment in the US. Speaking at the B20 summit, Wiseman, a former BlackRock executive, said “uncertainty raises your cost of capital.” He called for the removal of tariffs imposed under Sections 232 and 338 of US trade law, saying a solution would help companies make long-term investment decisions.