10 sources·Business

Canada Prepares for Retaliatory Tariffs Amid Trump’s Threats and Comments on Annexation

Canada considers tariffs on U.S. goods in response to Trump's threats, as Trudeau dismisses annexation talks as distractions.

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  1. Trudeau Discusses Trump Comments, Resignation, Wildfires in CNN Interview

    Trudeau told CNN that Canada would "definitely respond" to U.S. tariffs by imposing tariffs of its own, pointing out that Canada did the same in 2018 when Trump put tariffs on Canadian steel and aluminum in 2018. "We can be a strong supplier of things that the U.S. needs to compete around the world, because we can do it together. That’s the argument that I’m making."

    Trudeau Discusses Trump Comments, Resignation, Wildfires in CNN Interview

    Epoch TimesEpoch Times·3M
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  2. Trudeau says he joked about a trade for Vermont or California when Trump raised annexing Canada

    My focus has to be not on something that he’s talking about that will not ever happen but more on something that might well happen: that if he does choose to go forward with tariffs that raise the cost of just about everything for American citizens, that on top of that, we’re going to have to have a robust response to that.

    Trudeau says he joked about a trade for Vermont or California when Trump raised annexing Canada

    NBC NewsNBC News·3M
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  3. Trudeau: Trump threatened to annex Canada to distract from tariffs impact

    What I think is happening in this is President Trump, who is a very skilful negotiator, is getting people to be somewhat distracted by that conversation.

    Trudeau: Trump threatened to annex Canada to distract from tariffs impact

    The GuardianThe Guardian·3M
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  4. Orange juice, steel will be on Canada's list for retaliation if Trump imposes tariffs

    Top Canadian government officials say Trump’s comments that Canada should become the 51st state are no longer a joke and are meant to undermine America’s closest ally.

    Orange juice, steel will be on Canada's list for retaliation if Trump imposes tariffs

    ABC NewsABC News·3M
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  1. Epoch Times
  2. Daily Caller
  3. New York Post
  4. NBC News
  5. The Guardian
  6. CNN
  7. ABC News
  8. Associated Press
  9. Newsmax

Updated: Jan 9th, 2025, 10:43 PM ET

Summary

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Following President-elect Trump’s proposal for 25% tariffs on Canadian goods, Prime Minister Trudeau indicates readiness for a robust response with retaliatory tariffs. While suggesting a trade for Vermont or California in jest, Trudeau firmly stated that Canada would not become the 51st U.S. state, viewing annexation discussions as tactics to divert attention from the impending costs of Trump’s tariffs. Trudeau emphasized the negative impact on American consumers and condemned Trump's threats as economically detrimental. He reaffirmed that Canada is prepared to counter any tariffs imposed, citing past retaliatory measures.


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Canada Prepares for Retaliatory Tariffs Amid Trump’s Threats and Comments on Annexation - Pano News