Deputy PM says ‘we need to be smart, strong and united’ after meeting on threat by US president-elect of a blanket 25% tax on imports from Canada

cross-posted from: https://lemmy.world/post/22536274

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.

  • veroxii@aussie.zone
    3·
    4 hours ago

    What I still don’t get is where are the Republican corporate donors and lobbyists on this? It sounds like big oil and big pharma and all the other “bigs” are against this.

    Trump being so transactional… who is benefitting from this?