- cross-posted to:
- canada@lemmy.ca
- cross-posted to:
- canada@lemmy.ca
Summary
Canadian leaders, including Deputy PM Chrystia Freeland and provincial premiers, pledged unity against US president-elect Trump’s threat of a 25% blanket tariff on Canadian imports.
The tariffs, aimed at addressing drug and migrant flows, could disrupt key trade, including oil, driving up US fuel costs.
Canada is preparing retaliatory measures, echoing its response to Trump’s 2018 tariffs.
Officials argue such actions harm both economies, noting Canada is a critical supplier of energy and materials to the US. American oil groups also oppose the tariffs, citing potential consumer and industry harm.
As an European, I concur.