'We will not hesitate': Canada prepares to hit U.S. with billions in tariffs
'We will not hesitate': Canada prepares to hit U.S. with billions in tariffs
WASHINGTON - Ottawa is ready to retaliate if U.S. president-elect Donald Trump slaps Canada with devastating tariffs, Prime Minister Justin Trudeau promised Friday — and his ministers say Republicans in
Summary
Canada is preparing to retaliate against Donald Trump’s proposed 25% tariffs on Canadian imports, which could trigger the largest trade war between the nations in decades.
Prime Minister Justin Trudeau promised counter-tariffs worth $37 billion, with potential for further measures, depending on Trump’s final order.
Canadian officials warn the tariffs could harm both economies, disrupting key sectors like automotive, energy, and agriculture.
Labor leaders expressed concerns over job losses and urged collaboration. Canada hopes to avoid tariffs by highlighting their mutual economic impact to U.S. lawmakers.
Please Canada listen to your best and brightest
Repeated prisoners' dilemma. They have to threaten and they have to add tariffs if the US does, anything else would be bad strategy
It's not helped by the fact that Trump is corrupt and might have different winning conditions like "make Putin happy", but that doesn't change what Canada has to do.
I love long-discredited economic ideas making a comeback. As someone who studied Econ, it’s just peachy seeing people vote to be poorer because no one remembers the last 50 times this was tried and didn’t work.
Please, everyone read about the 1800s. I’m not completely hostile to crypto but so many crypto people are like, “What if we had a ‘free banking’ era? Surely, there’s no downside.” And you just slam your fist on the table and say “Please read one AP American history book. An actual textbook, not a YouTube video. I’m not a particle physicist because I watch PBS Space Time.”
"Trump is more respected by other nations than Biden" part deux dipshit boogaloo
Nice try but US used blind misplaced faith in your own superiority. It was super effective.
If, as most economists agree, tariffs hurt the importing country most - why would Canada do that to its own people?