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millenial grey @ overcook0130 @lemmy.ca
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11 mo. ago

how is Saint John ‘s economy affected more than 100%.

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  • https://businessdatalab.ca/publications/which-canadian-cities-are-most-exposed-to-trumps-tariffs/

    Says here that it's because the index is the sum of a city's export "intensity" ("they export more goods to the U.S. as a share of their local economies") and their dependence on exporting to the US. St. John's Irving Oil Refinery exports 80% south plus the seafood and forestry products primarily go to the US as well.