After taking office, Trump reiterated his plan to impose 25% tariffs on imports from Canada and Mexico, sparking concerns over trade relations. Trudeau, recognizing the potential fallout, vowed a robust response to protect Canadian interests. Their economic integration underscores the mutual dependence, with Canada purchasing more from the U.S. than several major economies combined. In preparation, Trudeau has engaged with his advisers to strategize a counterattack, while Canada emphasizes its role in the U.S. economy, particularly regarding essential resources like aluminum, steel, and energy supplies.
Trump had stated in November that such a tariff charge would take effect on the first day of his return to the White House.
Trudeau promised a robust, swift and measured response from Canada in case Trump makes good on his promise of tariffs.
Trudeau has held several meetings with his team to address how Canada should respond to the imposition of these tariffs.
Canada emphasizes the high level of integration of both economies and the mutual benefits, noting it buys more from the U.S. than several other nations combined.
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