U.S. President Donald Trump signed an executive order imposing tariffs on Canadian goods, citing a national emergency. Canada has vowed to respond to the tariffs, with Prime Minister Justin Trudeau set to announce the country's strategy. The move has sparked criticism from Canadian officials and industry leaders, who warn of negative economic consequences.
U.S. President Donald Trump ’s administration imposed sweeping import tariffs on Canada after signing an executive order at his Mar-a-Lago club in Florida Saturday. The tariffs will take effect Tuesday.The Canadian federal government has said every option remains on the table, as a potential response to the punishing tariffs.The Prime Minister’s Office has announced that Prime Minister Justin Trudeau will now be responding to U.S. tariffs on Canada , at 8:30 p.m. EST.
“Now is a time for Canadians to stand strong and stand together … Canada is strong. Canadians are united.”Now is a time for Canadians to stand strong and stand together. Smith says “Alberta will do everything in its power... to reverse this mutually destructive policy,” but will continue its diplomatic efforts to “persuade the U.S. President.”decision to place tariffs on all Canadian goods. This decision will harm Canadians and Americans alike, and strain the important relationship and alliance between our two nations.
As sources had indicated to CTV News earlier Saturday, Trump intends to keep the tariffs in place “until the crisis is alleviated.” CTV News' chief political correspondent Vassy Kapelos says that according to a senior government source, counter-tariffs ranging from $10 billion to $85 billion were discussed as a response during today’s cabinet meeting, though the amount keeps fluctuating.
“Over half of Canada’s small business are involved in importing or exporting directly with the U.S.,” the organization said in a press release. “Should Canada respond with tariffs of our own, small firms – already operating on razor-thin margins – will have no choice but to raise prices.” Canadian Chamber of Commerce public policy chief Matthew Holmes, speaking to Aiello on Friday, noted a 25 per cent tariff could shrink Canada’s GDP by 2.6 per cent and cost Canadian households an average of $1,900 annually. South of the border, it would result in a 1.6 per cent GDP drop and an average $1,300 hit to American households.
Payne added Trump has “enraged and united an entire nation that is ready to fight to defend every last job in this country.”Canada will be hit with a 25 per cent tariff across the board with an exception on energy which will be 10 per cent, Mexico will be hit with a 25 per cent tariff across the board including energy, and China a 10 per cent tariff across the board, CTV News' chief political correspondent Vassy Kapelos says.
“Our Military has targeted this ISIS Attack Planner for years, but Biden and his cronies wouldn’t act quickly enough to get the job done. I did! The message to ISIS and all others who would attack Americans is that “WE WILL FIND YOU, AND WE WILL KILL YOU!”Chopra was one of the more important regulators from the previous Democratic administration who was still on the job since Trump took office on Jan. 20.
When asked what people in the U.S. are saying about the potential tariffs, he says everyone is “very, very afraid.” Just before 8 a.m. EST, Trump shared that several Americans who were detained by Venezuelan authorities during nationwide protests last summer have been released and have arrived on U.S. soil.
“Trade is the source of prosperity and security between our nations. It certainly affects our border communities right away,” Miller said.
TRUMP CANADA TARIFFS TRADE POLITICS
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