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Trump threatens tariffs on Canada, claiming economic forces could lead to acquisition

share-iconPublished: Wednesday, January 08 share-iconUpdated: Wednesday, January 08 comment-icon3 months ago
News sources:
BBC
Trump threatens tariffs on Canada, claiming economic forces could lead to acquisition

Credited from: BBC

  • US President-elect Donald Trump has threatened to impose a 25% tariff on Canadian and Mexican goods, using "economic force" for potential acquisition of Canada.
  • Trump ruled out military action, suggesting that a unified Canada and the US could enhance national security.
  • Experts warn that these tariffs could severely impact the Canadian economy if enacted post-inauguration.
  • The Trudeau government is under pressure to increase military spending and considering counter-tariffs in response to Trump's threats.
  • Doug Ford, Ontario's Premier, emphasized the importance of trade relations and expressed willingness for fair agreements amid rising tensions.

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