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struggle4progress

(120,952 posts) Sat Jan 25, 2025, 08:40 PM Saturday

Canada ready for tariff fight: leaders threaten dollar-for-dollar retaliation

'We will not spend money in a country that wants to do economic harm to Canadians,' premier of British Columbia warns
By Christopher Guly

Responding to reporters' questions, Trump reiterated his plan to slap a 25% tariff on both Mexico and Canada "because they’re allowing vast numbers of people… and fentanyl to come in," and said, "I think we’ll do it on Feb. 1."

Trump signed the executive order called the America First Trade Policy that includes a provision to "assess the unlawful migration and fentanyl flows" from Canada, Mexico and China "and recommend appropriate trade and national security measures to resolve that emergency" by April 1.

Whether the tariffs come next week or in the spring, Canadian leaders are ready to retaliate ...

https://www.foxbusiness.com/fox-news-world/canada-ready-trump-tariff-fight-countrys-leaders-threaten-retaliation-dollar-for-dollar

3 replies

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Highlight:

Canada ready for tariff fight: leaders threaten dollar-for-dollar retaliation (Original Post) struggle4progress Saturday OP

'Hit Him Back Twice as Hard' struggle4progress Saturday #1

Trudeau says Americans will pay more whenever tariffs imposed on Canada struggle4progress Saturday #2

Please, no war with Canada. My travel companion to Scandinavia in April is from Canada. sinkingfeeling Saturday #3

struggle4progress

(120,952 posts)

1. 'Hit Him Back Twice as Hard'

Reply to struggle4progress (Original post)

Sat Jan 25, 2025, 08:43 PM

Saturday

By Alexander Burns
01/25/2025 07:00 AM EST

TORONTO — Doug Ford, the premier of Ontario, plans to rain economic punishment on Americans if President Donald Trump targets Canada in a trade war.

Ford has threatened to cut power transmission to U.S. homes and businesses and banish U.S. liquor from Ontario shelves. Wearing a MAGA-like hat reading “Canada Is Not For Sale,” Ford has pledged to target red states with dollar-for-dollar retaliation. In an interview Wednesday, he described himself matter-of-factly as a brawler with a reflex for combat ...

https://www.politico.com/news/magazine/2025/01/25/doug-ford-trump-trade-resistance-00200457

struggle4progress

(120,952 posts)

2. Trudeau says Americans will pay more whenever tariffs imposed on Canada

Reply to struggle4progress (Original post)

Sat Jan 25, 2025, 08:44 PM

Saturday

TORONTO (AP) — Outgoing Canadian Prime Minister Justin Trudeau said Thursday American consumers will pay more whenever President Donald Trump decides to apply sweeping tariffs on Canadian products.

Trump told reporters in the Oval Office Thursday that he still plans to tariff Canada and Mexico at 25% rates starting as soon as Feb. 1. Trump previously threatened to impose sweeping new tariffs on Mexico, Canada and China as soon as he took office but the tariffs weren’t applied on day one.

Trudeau said if Trump does go forward “whether it be back on Jan. 20th, on Feb. 1st or Feb. 15th as a Valentines Day present, or on April 1st or whenever” Canada will respond with retaliatory tariffs and “prices for American consumers on just about everything will go up.”

“We don’t think he wants that,” Trudeau told reporters in Ottawa ...

https://apnews.com/article/canada-trump-tariffs-trudeau-d5de6b8f5b978374aa280df5e83c72b1

sinkingfeeling

(53,656 posts)

3. Please, no war with Canada. My travel companion to Scandinavia in April is from Canada.

Reply to struggle4progress (Original post)

Sat Jan 25, 2025, 08:58 PM

Saturday

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