February 1, 2025

‘Forceful but…’ : Justin Trudeau responds to Trump’s tariff threat!

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Canadian Prime Minister Justin Trudeau warned of a “forceful but reasonable” response if US President Donald Trump follows through with his tariff threat. Trump recently threatened to impose 25% tariffs on goods from Canada and Mexico. This decision could come as early as Saturday.

Trudeau emphasized that no one wants these tariffs, which would harm both economies. “I met with our Canada-U.S. Council today. We’re working hard to prevent these tariffs, but if the United States moves ahead, Canada’s ready,” he posted on X. He also mentioned that the tariffs would not only hurt Canada but also negatively affect the US economy and undermine the security of both nations.

On Friday, Trudeau reiterated Canada’s readiness to respond if the US imposes tariffs. He described Canada’s reaction as “purposeful, forceful, but reasonable.” He noted that Canada’s trade with the US is beneficial for both countries’ long-term prosperity and security. Key sectors, including steel, aluminum, critical minerals, and clean energy, rely heavily on this trade.

Trump’s remarks on Thursday were firm, threatening to impose tariffs on both Canada and Mexico, though he suggested Canadian oil might face a reduced tariff rate of 10%, compared to the 25% imposed on other goods. Despite this, Trump confirmed that tariffs on oil and natural gas from Canada would likely come in mid-February, which pushed oil prices higher.

Trump also reiterated that no action from Canada, Mexico, or China could stop these tariffs. “Nothing they can do,” he told reporters in the Oval Office while signing executive orders. He acknowledged that tariffs could increase consumer prices and cause disruptions but dismissed any possibility of delays.

Economists predict that the new tariffs and the likely retaliation would disrupt global trade. The situation remains tense as both nations prepare for potential fallout. Trump’s decision could not only strain US-Canada relations but also impact the broader international economy.