Trump tariffs Canada

2024 - 11 - 25

Trump's Tariff Tango: Can Canada Dance to the Beat of 25%?

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Hold on tight! Trump’s proposed 25% tariffs on Canadian goods could turn into a wild ride for trade relations!

Donald Trump is set to unleash a storm on Canada with his proposed tariffs, sending shockwaves through trade circles and raising eyebrows across the Great White North. Experts are sounding the alarm bells, dubbing the potential 25% tariff on products from Canada as "concerning." As the supply chain landscape could be reshaped, there's no doubt this move could ripple through various industries, affecting everything from maple syrup to automotive parts.

As Trump prepares to take office once again, he has made it clear in no uncertain terms that Canada isn’t getting a free pass. On Truth Social, he boasted about plans to introduce hefty tariffs on not just Canada, but also Mexico and even China on the very first day of his presidency. In a twisted game of trade chicken, he argues that these tariffs are necessary for protecting U.S. interests and controlling the flow of illegal drugs across borders.

However, predictions are painting a grim picture for Ontario's economy, with Premier Doug Ford expressing his alarm at the potential impact of these tariffs. Ford highlighted the concern that tariff-induced prices could skyrocket, harming consumers and industries alike. After all, who benefits when the price of your beloved Canadian goods goes through the roof?

As Canada braces for the possible fallout from this volatile economic game of poker, it's essential to consider the greater implications of these tariffs. If Trump’s threats become reality, it could mark a pivotal moment not just in U.S.-Canada relations but in global trade dynamics overall. So, as we all wait with bated breath, let’s keep our fingers crossed and our wallets ready!

Fact number one: The automotive industry is one of the most vulnerable sectors, with the Canada-U.S. trade relationship heavily intertwined, making any tariff changes particularly painful. Fact number two: Did you know that Canada exports over $300 billion worth of goods to the United States each year? Here’s hoping that through all this tariff tango, we can keep those exports rolling!

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Image courtesy of "BNN"

Trump's proposed tariffs are 'concerning' given Canada-U.S. trade ... (BNN)

Donald Trump's plan to introduce tariffs on Canada and other nations is cause for concern, one expert says, adding that it could impact supply chains for ...

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Image courtesy of "CBC.ca"

Donald Trump threatens 25% tariff on products from Canada ... (CBC.ca)

Donald Trump has levelled his most severe threat against Canada in years, vowing that on his very first day on office he will impose a 25 per cent tariff on ...

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Image courtesy of "BBC News"

Trump threatens China, Mexico and Canada with new tariffs (BBC News)

The president-elect said he plans to impose 25% tariffs on Mexico and Canada and an additional 10% on China on his first day in office.

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Image courtesy of "Globalnews.ca"

Trump vows 25 per cent tariff on all products from Canada, Mexico (Globalnews.ca)

The president-elect posted on Truth Social Monday that the duties will be among his actions on his first day back in the White House in January.

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Image courtesy of "CTV News"

'Devastating:' Ford warns of impact of new tariffs promised by ... (CTV News)

Ontario Premier Doug Ford is warning that Donald Trump's promise to impose a 25 per cent tariff on goods arriving in the United States from Canada and ...

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Image courtesy of "NPR"

Trump threatens Canada, Mexico, China with tariffs (NPR)

He said the countries weren't doing enough to control the flow of illegal drugs, especially fentanyl, and migrants across the border.

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Image courtesy of "The Guardian"

Trump vows tariffs on Mexico and Canada and deeper tariffs on China (The Guardian)

President-elect attacks neighbors over immigration and accuses China over fentanyl entering US, prompting embassy to say 'no one will win in a trade war'

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Image courtesy of "Investor's Business Daily"

Trump Threatens Tariffs On China, Canada, Mexico (Investor's Business Daily)

President-elect Donald Trump said he'll impose a 10% tariff on China and a 25% tariff on Canada and Mexico on his first day of office.

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Image courtesy of "Aljazeera.com"

What are Trump's plans for tariffs on China, Canada and Mexico? (Aljazeera.com)

US president-elect has promised to impose tariffs for as long as drugs and undocumented migrants flow into the country.

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Image courtesy of "BNN"

Trump vows tariffs on China, Mexico, Canada over border (BNN)

President-elect Donald Trump said he would impose additional 10% tariffs on goods from China and 25% tariffs on all products from Mexico and Canada, ...

Trump vows new Canada, Mexico, China tariffs that threaten global ... (Yahoo Canada Finance)

President-elect Donald Trump on Monday pledged big tariffs on the United States' three largest trading partners - Canada, Mexico and China - detailing how ...

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Image courtesy of "Globalnews.ca"

Trump's tariff will hurt both Canada and U.S., Canadian leaders say (Globalnews.ca)

The president-elect posted to Truth Social he will sign an executive order imposing a 25 per cent tariff on all products coming in to the United States from ...

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Image courtesy of "Reuters"

Trump tariff vow jolts Canada and Mexico (Reuters)

The Canadian dollar and Mexican peso slumped on Tuesday after President-elect Donald Trump said he would impose tariffs on products from Canada, Mexico and ...

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Image courtesy of "CTV News"

As Trump vows major tariff hike, a look at what the U.S. imports from ... (CTV News)

Some Canadian products could face huge tariffs on the first day of Donald Trump's administration in January. Here's a quick look at what the U.S. imports ...

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Image courtesy of "The Guardian"

Trump's talk of tariffs raises fears of hit to economies worldwide (The Guardian)

Tariffs on Mexican, Canadian and Chinese goods threaten not just those nations but global economic growth.

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Image courtesy of "CBC.ca"

Trudeau to meet with premiers as Trump threatens hefty tariffs on ... (CBC.ca)

Prime Minister Justin Trudeau says he's agreed to meet with his provincial and territorial counterparts after Donald Trump threatened to impose hefty ...

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Image courtesy of "BBC News"

'Devastating': Ontario premier leads Canadian criticism of Trump ... (BBC News)

Doug Ford says the US president-elect's plan to tax imports could harm trade for both countries.

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Image courtesy of "CBC.ca"

Ford says Trump's tariff threat 'like a family member stabbing you in ... (CBC.ca)

Ontario Premier Doug Ford said Tuesday that U.S. president-elect Donald Trump's threat to slap a 25 per cent tariff on all Canadian goods is "like a family ...

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Image courtesy of "Aljazeera.com"

Canada, Mexico leaders stress cooperation after Trump tariffs threat (Aljazeera.com)

Justin Trudeau and Claudia Sheinbaum urge dialogue as Donald Trump plans to hit US neighbours with 25-percent tariffs.

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Image courtesy of "BNN"

Trump tariffs could lead to 'zero economic growth in Canada ... (BNN)

CTV political commentator Scott Reid spoke to CP24 about Trump's threat to impose heavy tariffs on Canadian goods. One economist says Donald Trump's new ...

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