Trump's threats of widespread tariffs, and Canada’s threat of its own tariffs in response, has the potential to impact hundreds of thousands of jobs, ignite inflation pressures and bruise the financial health of many industries.
Ahead of the U.S. president-elect’s rapidly approaching inauguration, Canadians in the agri-food sector are anxiously awaiting what could be a turbulent start to a second Donald Trump term, as threats of sweeping tariffs continue to dominate headlines.
Canada’s premiers are divided on how to tackle Donald Trump as the incoming U.S. president threatens 25% tariffs on the nation’s goods.
Alberta Premier Danielle Smith visited Mar-a-Lago, the Florida home of U.S. president-elect Donald Trump, on Saturday. Smith confirmed the visit in a social media post Sunday morning, in which she said she and Trump had a "friendly and constructive conversation."
The Americas, China and Europe have developed playbooks to react to the aggressive tariffs that U.S. President-elect Donald Trump is threatening. Retaliation is inevitable.
The Calgary Chamber of Commerce said it strongly opposes retaliatory measures from the federal government in response to potential tariffs from the United States.
If the president-elect imposes 25 percent tariffs on Canadian goods, Ottawa may cut off energy supplies or impose its own tariffs.
Alberta’s Premier said she had a “friendly and constructive conversation” with the U.S. president-elect and emphasized the importance of energy ties.
Alberta Premier Danielle Smith says while she doesn't want to assume anything after her meeting with U.S. president-elect Donald Trump at his Mar-a-Lago residence over the weekend, Canada needs "to be prepared" that threatened tariffs are on the way.
As Danielle Smith prepares to attend Donald Trump's inauguration, her approach to dealing with the threat of 25 per cent tariffs on goods coming from Canada has remained consistent. She's trying to negotiate rather than retaliate.
Trudeau’s policies went well beyond Biden’s — he passed a federal carbon-pricing system and successfully defended it against several challenges, something Democrats in the United States have never been able to do.