Immediately after winning the election in November, Trump announced that he would impose a 25 percent tariff on all goods coming from Canada as soon as he takes office.(Photo: The Canadian Press)
NDP Leader Jagmeet Singh has launched a major attack on Donald Trump, speaking to reporters in Ottawa. He said that Trump understands only one thing - which is power. To push Trump back from imposing tariffs, Singh stated that Canada may need to halt the supply of critical minerals to the U.S. He also emphasized that any tariffs that harm Canadians must be met with retaliatory tariffs in kind.
It is worth noting that Trump will take office as President of the U.S. on January 20. Despite ongoing efforts to resolve the issue, Trump has not indicated any intention of backing down from his stance on tariffs.
Immediately after winning the election in November, Trump announced that he would impose a 25 percent tariff on all goods coming from Canada as soon as he takes office.
If this move proceeds, there is a high likelihood it will spark a trade war between the two countries, with potential negative impacts on both inflation and employment.
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