GuShiio.com ① Trump threatened to impose additional tariffs on Canada in response to retaliation from Canadian Prime Minister Trudeau.
② Trudeau accused the United States of launching a trade war and vowed to impose a 25% tariff on $155 billion worth of U.S. goods.
Cailian News, March 5 (Editor Huang Junzhi)After Canadian Prime Minister Justin Trudeau publicly criticized Trump’s newly implemented tariffs, President Trump threatened on Tuesday (4th) to impose additional tariffs on Canada if Canada retaliated with its own tariffs.
On the same day, he wrote on his social media platform:“Please explain to Canadian Governor Trudeau that when he imposes retaliatory tariffs on the United States, our reciprocal tariffs will immediately increase by the same amount!”Trump is accustomed to calling Trudeau “governor” and has been threatening to “make Canada the 51st state of the United States.”
On March 3, local time, US President Trump’s “tariff stick” came without surprise. Trump announced that the previously announced reciprocal tariffs will begin on April 2, while the United States will impose a 25% tariff on Mexican and Canadian goods that will take effect on March 4.
early TuesdayTrudeau accused Trump of saying,”The United States has launched a trade war against Canada, and Canada is their closest partner and ally, and their closest friend.At the same time, they are talking about actively working with Russia to appease Putin and trying to make it all reasonable.”
“What Trump wants to see is the complete collapse of the Canadian economy, making it easier to annex Canada. We will never become the 51st state (of the United States), but he could do harm to the Canadian economy, and he started doing that this morning. But he will soon discover, as American families will discover, that it hurts people on both sides.” he said.
Trudeau also vowed to retaliate against the United States.He emphasized thatCanada will impose a 25% tariff on $155 billion worth of U.S. goods, starting with $30 billion, and will impose sanctions on another $125 billion worth of goods in 21 days.
According to Canadian Foreign Minister Melanie Jolly, these include an initial 25% tariff on U.S. exporters worth about C$30 billion ($20.6 billion) of goods, including orange juice, peanut butter, wine and coffee, and a second tariff on C$125 billion worth of products, including cars, trucks, steel and aluminum, which will take effect in a few weeks.
“We know this is an existential threat to us, with thousands of jobs at risk in Canada,” Jolly said.”If the United States decides to launch a trade war, we will be prepared.”
However, according to U.S. Commerce Secretary Howard Lutnick, there may be room for “buffer” in this matter.
He revealed Tuesday thatThe Trump administration could announce as early as tomorrow ways to provide tariff buffers for Mexican and Canadian goods covered by the North American Free Trade Agreement.
“Mexico and Canada have been talking to me on the phone all day today, trying to show that they will do better, and the president is listening because you know he is very, very fair and very reasonable,” he said.
“So I think he’ll work with them to figure out some way-not a pause, not a pause thing, but I think he’ll figure out a way: You do more, and I’ll follow you, and we might announce it tomorrow.” He added.
