Prime Minister Justin Trudeau will meet with his cabinet on Tuesday, a day after U.S. President Donald Trump took office and renewed his threat to impose 25 per cent tariffs on all Canadian goods.
It’s one thing to talk tough and say Canada should throw a dollar-for-dollar counterpunch in response to Donald Trump’s 25% tariff threat — but the hard part is doing it.
If the president does choose to proceed with tariffs on Canada, Canada will respond and everything is on the table,” Prime Minister Justin Trudeau said.
U.S. President Donald Trump’s team is indicating he won’t hit Canada with damaging tariffs on his inauguration day.
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Canadian Prime Minister Justin Trudeau holds a press conference during a cabinet retreat at Chateau Montebello in Montebello, Tuesday, Jan. 21, 2025. (Sean Kilpatrick/The Canadian Press via AP) ...
I support the principle of dollar-for-dollar matching tariffs. It's something that we are absolutely going to be looking at if that is how they move forward,' Trudeau said.
Canada's Minister of Foreign Affairs Melanie Joly, with Minister of Public Safety David McGuinty and Finance Minister Dominic ...
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Economic experts warn that a 25% tariff could reduce Canada’s GDP by 2.6% and increase household expenses by C$1,900 annually ...