Simple Money Goal
  • Economy
  • Editor’s Pick
  • Investing
  • Politics
  • Stock
  • Top News
  • Economy
  • Editor’s Pick
  • Investing
  • Politics
  • Stock
  • Top News
No Result
View All Result
Simple Money Goal
No Result
View All Result
Home Economy

Trump’s threat to make Canada the 51st state a distraction from tariff fallout, Trudeau says

by
January 10, 2025
in Economy
0
Trump’s threat to make Canada the 51st state a distraction from tariff fallout, Trudeau says

Canadian Prime Minister Justin Trudeau said Thursday that President-elect Donald Trump’s comments about turning Canada into the United States’ 51st state are just a distraction from the consequences of Trump’s tariff threats.

Trudeau, who announced earlier this week he would resign as prime minister once his party had chosen his successor, told Tapper that Canada becoming another US state was “not going to happen.”

Trump in November promised massive hikes in tariffs on goods coming from Mexico, Canada and China starting on the first day of his administration.

“On January 20th, as one of my many first Executive Orders, I will sign all necessary documents to charge Mexico and Canada a 25% Tariff on ALL products coming into the United States, and its ridiculous Open Borders,” Trump posted on his Truth Social platform. “This Tariff will remain in effect until such time as Drugs, in particular Fentanyl, and all Illegal Aliens stop this Invasion of our Country!”

That policy that could sharply increase costs for American businesses and consumers, a fact Trudeau was quick to point out Thursday. Canada, Mexico and China are the US’s biggest trade partners.

Trudeau responds to Trump needling him about annexing Canada

“Everything the American consumers buy from Canada is suddenly going to get a lot more expensive if he moves forward on these tariffs,” Trudeau said.

Trudeau stressed that Canadians “are incredibly proud of being Canadian. One of the ways we define ourselves most easily is, well, we’re not American.”

This post appeared first on cnn.com
Previous Post

Gaza death toll has been significantly underreported, study finds

Next Post

Fear on the streets of Caracas as Maduro’s inauguration looms

Next Post
Fear on the streets of Caracas as Maduro’s inauguration looms

Fear on the streets of Caracas as Maduro’s inauguration looms

Subscribe to Simplemoneygoal.com

    Playboy moving its headquarters to Miami Beach and opening a new club
    Politics

    Playboy moving its headquarters to Miami Beach and opening a new club

    August 17, 2025
    Lyft co-founders to step down from ride-hailing firm’s board
    Politics

    Lyft co-founders to step down from ride-hailing firm’s board

    August 16, 2025
    Warren Buffett’s Berkshire Hathaway reveals new stake in beleaguered insurer UnitedHealth
    Politics

    Warren Buffett’s Berkshire Hathaway reveals new stake in beleaguered insurer UnitedHealth

    August 16, 2025
    Apple Watch getting redesigned blood oxygen feature following legal dispute
    Politics

    Apple Watch getting redesigned blood oxygen feature following legal dispute

    August 15, 2025
    • About us
    • Contacts
    • Email Whitelisting
    • Privacy Policy
    • Terms and Conditions

    Copyright © 2023 Daily Trading Digest. All Rights Reserved.

    No Result
    View All Result
    • Economy
    • Editor’s Pick
    • Investing
    • Politics
    • Stock
    • Top News

    Copyright © 2023 Daily Trading Digest. All Rights Reserved.