Canada

Trump muses about slapping 25% tariffs on Canada Feb. 1

Author: Darren Major, John Paul Tasker Source: CBC News:
January 21, 2025 at 05:27
President-elect Donald Trump speaks at a rally ahead of the 60th Presidential Inauguration, Sunday, Jan. 19, 2025, in Washington. (Evan Vucci/AP Photo)
President-elect Donald Trump speaks at a rally ahead of the 60th Presidential Inauguration, Sunday, Jan. 19, 2025, in Washington. (Evan Vucci/AP Photo)

President to direct U.S. agencies to study trade deficits — but tariffs avoided on Day 1

U.S. President Donald Trump suggested that he could still hit Canada with tariffs as early as next month.

Speaking to reporters on his return to the Oval Office Monday, Trump recited concerns about the Canadian and Mexican borders while reiterating his threat to hit both countries with a sweeping 25 per cent tariff.

"We're thinking in terms of 25 per cent [tariffs] on Mexico and Canada because they're allowing vast numbers of people … and fentanyl to come in," Trump said.

Read More (...)

Keywords
You did not use the site, Click here to remain logged. Timeout: 60 second