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Home»Latest News»Trump threatens additional tariff hikes after Canada retaliates | Commerce Warfare Information
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Trump threatens additional tariff hikes after Canada retaliates | Commerce Warfare Information

DaneBy DaneMarch 5, 2025No Comments4 Mins Read
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Trump threatens additional tariff hikes after Canada retaliates | Commerce Warfare Information
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US president posts warning on social media after Canada PM Trudeau slammed ‘dumb’ commerce warfare.

US President Donald Trump has warned Canada that he’ll escalate his commerce warfare after Prime Minister Justin Trudeau introduced retaliatory tariffs on US items.

Trump’s 25-percent tariffs on imports from Mexico and Canada took impact on Tuesday, prompting Trudeau to announce retaliatory tariffs on greater than $100bn of American items that can take impact over 21 days.

The US president responded on Reality Social, the social media platform he owns, saying: “Please clarify to Governor Trudeau, of Canada, that when he places on a Retaliatory Tariff on the US, our Reciprocal Tariff will instantly improve by a like quantity!”

Trump has repeatedly referred to the Canadian prime minister because the “governor” of Canada in current weeks as he referred to as for the nation to turn into the US’s 51st state.

Trudeau advised reporters in Ottawa on Tuesday that Trump’s “dumb” commerce warfare was motivated by a want “to see a complete collapse of the Canadian financial system as a result of that’ll make it simpler to annex us”.

“Now, to begin with, that’s by no means going to occur,” stated the Canadian chief. “However yeah, he can do injury to the Canadian financial system … however he’s quickly going to search out out, as American households are going to search out out, that that’s going to harm individuals on each side of the border.”

Vina Nadjibulla, vice chairman of analysis and technique on the Asia Pacific Basis of Canada, advised Al Jazeera that the commerce warfare would “harm shoppers and companies and the financial system in Canada and the US” inside “a couple of weeks”.

Canada stated it’ll problem the US measures on the World Commerce Group and thru the US-Mexico-Canada commerce settlement.

“Canadians are cheap and we’re well mannered, however we is not going to again down from a combat,” stated Trudeau, who will step down as prime minister after the governing Liberal Occasion chooses a brand new chief on Sunday.

Ontario premier Doug Ford stated he would subject a 25-percent export tax on electrical energy bought to the US and will later minimize it off fully if the US tariffs persist. In 2023, Ontario powered 1.5 million houses in Michigan, New York and Minnesota.

‘No justification’

In the meantime, Mexican President Claudia Sheinbaum joined Canada and China – which was additionally hit Tuesday with a doubling of duties on items to 20-percent – in promising to answer the tariff hikes imposed by the Trump administration.

“There isn’t a motive or purpose, nor justification that helps this resolution that can have an effect on our individuals and our nations,” she stated throughout a each day information convention in Mexico Metropolis, signalling that she would announce US merchandise to be focused by Mexico on Sunday.

Sheinbaum took subject with a White Home “reality sheet” printed on Monday, which repeated the declare that Mexican drug trafficking continues due to “an insupportable relationship” with the federal government, slamming the allegations as “offensive, defamatory and with out assist”.

Lately Mexico’s authorities seized greater than a tonne of the opioid fentanyl, dismantling 329 methamphetamine labs, and extraditing 29 drug cartel figures to the US final week.

Trump has additionally stated he was taking motion to fight fentanyl trafficking through the US’s northern border, accusing Ottawa of failing to do sufficient to stem the move of the drug and its precursor chemical substances into the US. Trudeau stated the declare was “fully bogus, fully unjustified, fully false”.

In the meantime Beijing introduced it could reply with tariffs of as much as 15 % on a spread of US farm exports and expanded the variety of US corporations topic to export controls and different restrictions.

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