Canadian premiers are meeting with Prime Minister Justin Trudeau and his cabinet to strategize a response to U.S. president-elect Donald Trump's threat of imposing steep tariffs on Canadian and Mexican imports. Trump plans to enact 25% tariffs on these imports through an executive order on his first day in office. The Canadian government is modeling potential job losses from these tariffs and considering various responses, including retaliatory tariffs.
OTTAWA — Canada ’s premiers are set to meet with Prime Minister Justin Trudeau and members of his cabinet today to talk about U.S. president-elect Donald Trump ’s vow to impose steep tariffs.
“I saw the plan for border security. It’s phenomenal. As I said to Minister LeBlanc, have get out there and start promoting it, because it’s a solid, solid plan,” Ford said. “We’re not going to speculate on what exactly are different scenarios. Next week, we think we’ll know the precise details of what these tariffs will mean to the Canadian economy and of course we’ll be ready to respond from a position of strength,” LeBlanc said.Trump’s messaging on tariffs has shifted in recent days, putting greater focus on the U.S. “subsidizing” Canada through trade and suggesting it become the 51st state.
When asked about the possibility of blocking energy exports on Tuesday, Ford and LeBlanc said they want to keep all options on the table.
CANADA TARIFFS DONALD TRUMP JUSTIN TRUDEAU INTERNATIONAL TRADE
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