How Can Impacted Employers Respond To U.S. Tariffs?

President Donald J. Trump has announced his intention to place significant tariffs on Canada. In response, Prime Minister Justin Trudeau announced that Canada intends to place additional tariffs on certain American goods. While this situation is still developing and remains uncertain, from an employment law perspective, these announcements have both employees and employers concerned. This will have a major impact on the economies of both Canada and the United States. Employers may seek to respond to these economic pressures by reducing their workforce. Employees may be concerned about the potential for temporary lay-offs, terminations, or changes in working conditions and compensation.