Trudeau Warns of Economic Impact from Potential US Tariffs
Canadian Prime Minister Justin Trudeau has issued a stark warning regarding the potential economic fallout from a looming tariff war with the United States, stating that "every part of our country would be impacted." Trudeau emphasized the seriousness of the situation during a meeting with Canadian premiers that aimed to strategize against steep tariffs threatened by U.S. President Donald Trump. "We all know the stakes here," he remarked, highlighting the need for a unified national response if necessary.
In related developments, Canadian Foreign Minister Melanie Joly engaged in discussions with U.S. counterpart Marco Rubio in Washington to advocate for a resolution and prevent the tariffs from being enacted. She conveyed optimism about their ability to address the issue collaboratively.
According to Canadian government figures, Canada and the U.S. share a significant trading relationship, exchanging approximately $2.7 billion in goods and services daily as of 2023. Trump's recent comments at the World Economic Forum underscore the administration's position, demanding action from Canada to curb irregular migration and drug trafficking.
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