Canadian Foreign Affairs Minister Mélanie Joly highlights the effectiveness of Canada's retaliatory tariff plan against US President Donald Trump's threats. Joly, speaking at an international security conference in Munich, Germany, notes that the US government took notice when stock markets reacted negatively and American consumers worried about rising gasoline prices. She urges the European Union to learn from Canada's experience, warning them of similar potential treatment from Trump. Joly also points to a recent surge in support for the Liberal party in Canada due to the government's firm stance.
The Canadian PressMinister of Foreign Affairs Melanie Joly discusses Canada - United States relations during a luncheon with the Chamber of Commerce of Metropolitan Montreal in Montreal on Tuesday, Feb. 4, 2025. THE CANADIAN PRESS/Christinne Muschi
Joly made the comments today during a panel discussion on trade at an international security conference in Munich, Germany, where she told European leaders they could learn from Canada’s experiences dealing with Trump. Joly says the U.S. government took notice when stock markets started “tanking” and American consumers started fretting about the price of gasoline going up.
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