On Thursday, the President of the United States, Donald Trump, announced that starting February 1, a 25 percent tariff will be imposed on Canada and Mexico due to trade issues, fentanyl trafficking, and irregular migration. However, the specific details of this measure have not yet been revealed by U.S. authorities.
Canadian Prime Minister Justin Trudeau responded by assuring that his country will react firmly if the United States implements these tariffs. Trudeau acknowledged the difficult situation Canada would face should the measure materialize.
Justin Trudeau was serious in stating that Canada will provide an immediate and determined response if the tariffs come into effect. He highlighted Canada’s economic dependence on the United States, with a high percentage of exports destined for the neighboring country.
Although there has been speculation about the potential economic impact Canada would face from the tariffs, International Trade Minister Mary Ng clarified that, so far, the United States has not officially communicated to Canada about the specific implementation of the tariffs. She expressed that Canada is still awaiting updates from the U.S. Administration.
