Canada ready for Trump tariff fight as country’s leaders threaten retaliation: ‘dollar-for-dollar’
The President of Strategas Securities and Executive Director Jason Tenert discusses the words of the newly elected President Donald Trump about the tax threshold of Salt in Canada and The Bottom Line.
Ottawa – The first day of his tenure as the 47th President, Donald Trump The leaders of Canada put it in panic that day in the evening of the White House in the Oval-shaped office of journalists.
Answering journalists’ questions, Trump repeated his plan, to set 25% customs duties for both Mexico and Canada, “because they allow a significant number of people to enter and said.” “I think we will do it. February 1. “
Trump signs an executive order called “America’s First Trading Policy”, which includes “evaluating illegal migration and fentanelli flows” from Canada, Mexico and China to “offer appropriate commercial and national security measures to resolve the state of emergency” until April 1. ” to.
Whether customs duties will come next week or in the spring, Canadian leaders are ready to counterattack.
Canada is ready to answer the Trump Tariffs. “There are no winners in the trade war.”
President Donald Trump signs a number of executives at the White House in Washington on Monday. (Jbitbook by Botsford / The Washington Post, Getty Images / Getty Images)
“Two things will be”, the left-up liberal Prime Minister Justin Trucko On Thursday, the journalists told journalists at the Parlament Hill of Ottawa on the threat of Trump’s customs duties.
“One, Canada will have a strong, strong answer,” he said. “And the prices of almost everything for American consumers will rise, and we don’t think he wants it.”
Truck, when he is departed on March 9, when his Liberal leader’s leader and his successor’s successor is also appointed by Canada on Trump.
He said that less than 1% of illegal drugs and migrants entered the United States from Canada, noting that his government has invested about $ 904 million to strengthen the Border Security and the Canadian immigration system.
The Canadian government officials have developed a project to set about $ 26 billion on anti-insulators on the United States if Trump’s administration continues its customs duties.
Canada’s response will be “for the dollar, in front of tariff-tariff,” said Prime Minister Daud Ford of the most densely populated in Canada in the interview.
President Donald Trump from Left and Canadian Prime Minister Justin Truido at August 25, 2019 at the Bilateral Meeting of the G-7 Summit (AP Photo / Andrew Harnik)
If Trump bounds Customs duties on January 20, the Canadian government, according to information, was ready to set customs duties for a number of US products as the orange juice from Florida and Bourbon from Kentucky. Where do Republican Senators McConel and Rend Paul live?
In Ontario, Ford ordered the shelves from the US alcohol to clean the shelves if the customs duties reach out.
During a press conference on Friday, the Prime Minister said that next week he will invite elections, which will be sent to the residents of Ontar on February 27. Ford is looking for a “strong mandate” to “fight against Donald Trump’s customs duties” and his “attack”. The families, businesses and communities of the region.
Vehicles pass over the blue water bridge from the cold, Ontario, Port Huron, Michigan on March 18 2020. (Jeff Kovalki / AFP, Getty Images / Getty Images)
Ford plans two trips to Washington next month.
On Wednesday, he and his partner provincial and regional prime ministers held a virtual meeting with Trudo, which was discussed, which was discussed by the “Canadian Canadian” campaign, which stimulated not American production, but domestic products.
At a press conference held yesterday, the Prime Minister of the Western British province of Canada David Ebie went further, responding to the Artsakh of “catastrophic” customs duties coming from the south of the border.
“We do not spend money in a country that wants to harm Canadians,” he said.
However, according to Trump, this is the opposite.
To a virtual address to World Economic Forum In Davos, Switzerland, Trump has stated that the United States has a $ 200-250 billion trading deficit with Canada. “We don’t need the gas to us,” he said about the earth.
According to a TD ECONOMICS report This month, the United States is on the way to $ 45 billion in a trade deficit with Canada, which all includes Canadian energy exports to the United States.
Air Canada airline flies in the center of Toronto and in front of CN Tower, when it lands at Pearson International Airport on December 10, 2023. (Gary Hershorn / Getty Images / Getty Images)
“If you take energy from the table, the United States will have surplus when it comes to trade,” said Ford, who has worked in the United States for 20 years and who has a family house in Florida.
Former Canadian Conservative Prime Minister Steven Harper said that “actually Canada is a subsidizing the United States in this issue,” he said, “He must look at their oil and gas. other people. “
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Hartford, Canadian Green Party leader Elizabeth May, who could welcome Washington, Oregon and California, in response to Trump’s reflections on the 51st city of Canada, believed that the president involved in Canada. Unity. .
“Canada is now stronger than I have ever seen it,” he said in one of the interviews.
“All Canadians are concerned about Canada’s protection Trump.”
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