Close Menu
    Facebook X (Twitter) Instagram
    Trending
    • USNS Harvey Milk renaming effort is only the latest Pride Month insult
    • Tata Steel warns its exports are at risk under UK-US trade pact
    • Tesla Stock Tanks 14 Percent as Trump-Musk Feud Intensifies
    • What has Musk accused Trump of in relation to the Epstein files? | Donald Trump News
    • Former Steeler: Rodgers signing is ‘worst-case scenario’ for fans
    • Stanley Fischer, economist, 1943-2025
    • Trump Orders Investigation Into Biden’s Executive Actions, Autopen Allegations
    • China seeks improved ties with Canada amid rising trade tensions
    News Study
    Friday, June 6
    • Home
    • World News
    • Latest News
    • Sports
    • Politics
    • Tech News
    • World Economy
    • More
      • Trending News
      • Entertainment News
      • Travel
    News Study
    Home»Latest News

    Trump threatens further tariff hikes after Canada retaliates | Trade War News

    Team_NewsStudyBy Team_NewsStudyMarch 5, 2025 Latest News No Comments4 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email


    US president posts warning on social media after Canada PM Trudeau slammed ‘dumb’ commerce battle.

    US President Donald Trump has warned Canada that he’ll escalate his commerce battle after Prime Minister Justin Trudeau introduced retaliatory tariffs on US items.

    Trump’s 25-percent tariffs on imports from Mexico and Canada took impact on Tuesday, prompting Trudeau to announce retaliatory tariffs on greater than $100bn of American items that may take impact over 21 days.

    The US president responded on Fact Social, the social media platform he owns, saying: “Please clarify to Governor Trudeau, of Canada, that when he places on a Retaliatory Tariff on the US, our Reciprocal Tariff will instantly enhance by a like quantity!”

    Trump has repeatedly referred to the Canadian prime minister because the “governor” of Canada in latest weeks as he referred to as for the nation to change into the US’s 51st state.

    Trudeau advised reporters in Ottawa on Tuesday that Trump’s “dumb” commerce battle was motivated by a need “to see a complete collapse of the Canadian economic system as a result of that’ll make it simpler to annex us”.

    “Now, to start with, that’s by no means going to occur,” stated the Canadian chief. “However yeah, he can do injury to the Canadian economic system … however he’s quickly going to search out out, as American households are going to search out out, that that’s going to harm individuals on each side of the border.”

    Vina Nadjibulla, vice chairman of analysis and technique on the Asia Pacific Basis of Canada, advised Al Jazeera that the commerce battle would “damage shoppers and companies and the economic system in Canada and the US” inside “a couple of weeks”.

    Canada stated it’s going to problem the US measures on the World Commerce Group and thru the US-Mexico-Canada commerce settlement.

    “Canadians are cheap and we’re well mannered, however we is not going to again down from a struggle,” stated Trudeau, who will step down as prime minister after the governing Liberal Party chooses a brand new chief on Sunday.

    Ontario premier Doug Ford stated he would difficulty a 25-percent export tax on electrical energy offered to the US and should later reduce it off utterly if the US tariffs persist. In 2023, Ontario powered 1.5 million houses in Michigan, New York and Minnesota.

    ‘No justification’

    In the meantime, Mexican President Claudia Sheinbaum joined Canada and China – which was additionally hit Tuesday with a doubling of duties on items to 20-percent – in promising to answer the tariff hikes imposed by the Trump administration.

    “There isn’t any motive or cause, nor justification that helps this choice that may have an effect on our individuals and our nations,” she stated throughout a every day information convention in Mexico Metropolis, signalling that she would announce US merchandise to be focused by Mexico on Sunday.

    Sheinbaum took difficulty with a White Home “truth sheet” printed on Monday, which repeated the declare that Mexican drug trafficking continues due to “an insupportable relationship” with the federal government, slamming the allegations as “offensive, defamatory and with out assist”.

    Not too long ago Mexico’s authorities seized greater than a tonne of the opioid fentanyl, dismantling 329 methamphetamine labs, and extraditing 29 drug cartel figures to the US final week.

    Trump has additionally stated he was taking motion to fight fentanyl trafficking by way of the US’s northern border, accusing Ottawa of failing to do sufficient to stem the stream of the drug and its precursor chemical substances into the US. Trudeau stated the declare was “utterly bogus, utterly unjustified, utterly false”.

    In the meantime Beijing introduced it might reply with tariffs of as much as 15 p.c on a variety of US farm exports and expanded the variety of US corporations topic to export controls and different restrictions.



    Source link

    Team_NewsStudy
    • Website

    Keep Reading

    What has Musk accused Trump of in relation to the Epstein files? | Donald Trump News

    Modi inaugurates strategic railway project in Indian-administered Kashmir | Narendra Modi News

    To survive, Orban is plotting a far-right takeover of Brussels | The Far Right

    Indian police arrest four people in connection with deadly cricket stampede | Cricket News

    Pacers-Thunder: Haliburton last-second shot beats OKC in NBA Finals | Basketball News

    Thailand ready for ‘high-level operation’ in Cambodia border dispute | Border Disputes News

    Add A Comment
    Leave A Reply Cancel Reply

    Editors Picks

    USNS Harvey Milk renaming effort is only the latest Pride Month insult

    June 6, 2025

    Tata Steel warns its exports are at risk under UK-US trade pact

    June 6, 2025

    Tesla Stock Tanks 14 Percent as Trump-Musk Feud Intensifies

    June 6, 2025

    What has Musk accused Trump of in relation to the Epstein files? | Donald Trump News

    June 6, 2025

    Former Steeler: Rodgers signing is ‘worst-case scenario’ for fans

    June 6, 2025
    Categories
    • Entertainment News
    • Latest News
    • Politics
    • Sports
    • Tech News
    • Travel
    • Trending News
    • World Economy
    • World News
    About us

    Welcome to NewsStudy.xyz – your go-to source for comprehensive and up-to-date news coverage from around the globe. Our mission is to provide our readers with insightful, reliable, and engaging content on a wide range of topics, ensuring you stay informed about the world around you.

    Stay updated with the latest happenings from every corner of the globe. From international politics to global crises, we bring you in-depth analysis and factual reporting.

    At NewsStudy.xyz, we are committed to delivering high-quality content that matters to you. Our team of dedicated writers and journalists work tirelessly to ensure that you receive the most accurate and engaging news coverage. Join us in our journey to stay informed, inspired, and connected.

    Editors Picks

    Australian teen investigated for terrorism-related activities stopped from entering Singapore in October: MHA

    November 12, 2024

    What to expect in Rachel Reeves’ first UK Budget today

    October 30, 2024

    Eagles takeaways from Super Bowl LIX: Defense rules the day

    February 10, 2025

    Where does new Raiders HC Pete Carroll land on NFL head-coaching hires list?

    January 24, 2025
    Categories
    • Entertainment News
    • Latest News
    • Politics
    • Sports
    • Tech News
    • Travel
    • Trending News
    • World Economy
    • World News
    • Privacy Policy
    • Disclaimer
    • Terms & Conditions
    • About us
    • Contact us
    Copyright © 2024 Newsstudy.xyz All Rights Reserved.

    Type above and press Enter to search. Press Esc to cancel.