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Donald Trump suggests tariffs could hit Canadian imports on Feb. 1

Finance minister says Ottawa is 香蕉视频直播榓bsolutely香蕉视频直播 ready, with responses prepared for various scenarios
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President Donald Trump speaks after taking the oath of office during the 60th Presidential Inauguration in the Rotunda of the U.S. Capitol in Washington, Monday, Jan. 20, 2025. THE CANADIAN PRESS/Pool Photo via AP-Kevin Lamarque

U.S. President Donald Trump suggested his administration could move ahead with with 25 per cent across-the-board tariffs on Canadian imports on Feb. 1.

He delivered the deadline on Monday evening at the White House as he signed a stack of unrelated executive orders.

香蕉视频直播淲e are thinking in terms of 25 per cent on Mexico and Canada because they are allowing vast number of people, Canada is a very bad abuser also, vast numbers of people to come in and fentanyl to come in,香蕉视频直播 he told reporters Monday night.

The February date comes after Trump officials, speaking anonymously, suggested to reporters that the Republican president would only sign a memorandum telling federal agencies to study trade issues, including alleged unfair trade and currency practices by Canada, Mexico and China.

An executive order from the president late Monday mandating the studies set an April 1 deadline for the reports 香蕉视频直播 well after his suggestion that tariffs will happen in February.

Trump also said he may consider imposing a universal tariff on all countries.

香蕉视频直播淲e香蕉视频直播檙e not ready for that yet,香蕉视频直播 Trump said. 香蕉视频直播淓ssentially all countries take advantage of the U.S.香蕉视频直播

Foreign Affairs Minister M茅lanie Joly called it an 香蕉视频直播渋mportant moment for Canadians香蕉视频直播 after Trump announced the date.

香蕉视频直播淲e香蕉视频直播檙e calling on every single political leader across the board, across the country, to stand united because now more than ever, we need to make sure that we put country first,香蕉视频直播 Joly said at a cabinet retreat in Montebello, Que.

Finance Minister Dominic LeBlanc said Ottawa is 香蕉视频直播渁bsolutely香蕉视频直播 ready for Trump tariffs, adding that Canada has responses prepared for various scenarios.

Federal government sources have said if Trump sets the tariffs at 25 per cent, Canada香蕉视频直播檚 response would be to impose counter-tariffs worth roughly $37 billion, and possibly follow up with another $110 billion in tariffs. If the duties are lower, Canada香蕉视频直播檚 tariff response would be more modest.

Trump, who gave his inaugural address earlier Monday in the Capitol Rotunda, focused largely on concerns about immigration at the Mexican border and touched on prosecutions of himself and his supporters. Suggesting he still has an eye on tariffs, Trump said he was going to overhaul the trade system to protect American workers and families.

香蕉视频直播淚nstead of taxing our citizens to enrich other countries, we will tariff and tax foreign countries to enrich our citizens,香蕉视频直播 he said during his inaugural address.

Federal and provincial officials in Washington were relieved that tariffs on Canadian goods were not part of Trump香蕉视频直播檚 inaugural speech. But many said Canada can香蕉视频直播檛 afford to be complacent ahead of what could be a brutal hit to the economy.

香蕉视频直播淚t香蕉视频直播檚 always good news when you香蕉视频直播檙e not mentioned, so I prefer that,香蕉视频直播 said Liberal MP John McKay, who co-chairs the Canada-U.S. interparliamentary group.

In an interview inside the Canadian embassy in Washington, McKay said Ottawa has an opportunity to establish 香蕉视频直播渁n agreed upon set of facts, as opposed to nonsense which is currently occupying the public space.香蕉视频直播

Trump has insisted for weeks that Washington is subsidizing Canada at an annual rate of $100 billion, a claim McKay called 香蕉视频直播渏ust nonsense.香蕉视频直播

Trade Minister Mary Ng sought to reassure Canadians earlier Monday, saying that Ottawa and the provinces have taken a Team Canada approach to convincing Americans that tariffs and restrictions on Canadian goods would only hurt U.S. jobs.

香蕉视频直播淲e are ready and we are prepared,香蕉视频直播 Ng said.

Alberta Premier Danielle Smith said she saw opportunity for Canada in Trump香蕉视频直播檚 speech when he said he would 香蕉视频直播渄eclare a national energy emergency香蕉视频直播 to drive down prices at the pump and 香蕉视频直播渆xport American energy all over the world.香蕉视频直播

Smith said Canada can form a 香蕉视频直播減erfect partnership香蕉视频直播 with the U.S. to provide oil and gas at stable prices, so the Americans can focus on boosting their own energy exports.

香蕉视频直播淎mericans want to have energy dominance globally, and I believe the best way for them to achieve that is for Canada to be a partner in that,香蕉视频直播 she said.

香蕉视频直播淚f their asks are reasonable, then let香蕉视频直播檚 meet them halfway.香蕉视频直播

Last week, Smith refused to sign a joint statement with other premiers and Prime Minister Justin Trudeau that said every possible countermeasure would be on the table to push back against U.S. tariffs.

Smith, who recently travelled to Trump香蕉视频直播檚 Mar-a-Lago resort in Florida to meet with the president-elect, broke from the pack by refusing to consider any plan that would include possible levies on oil exports or cutting off energy supplies to the U.S.

In a statement issued Monday, Trudeau congratulated Trump on his inauguration and cited Canada香蕉视频直播檚 efforts to secure the border in response to the Republican leader香蕉视频直播檚 demands for a crackdown on migrants and drugs.

香蕉视频直播淲e are strongest when we work together,香蕉视频直播 Trudeau wrote.

When asked who would be his first foreign meeting, Trump said he香蕉视频直播檇 already had meetings. He pointed to Trudeau, making a repeated jab about making Canada the 51st state by calling him a governor.

Monday香蕉视频直播檚 inauguration presented a scene quite different from Trump香蕉视频直播檚 first inauguration in 2017, when he painted a bleak picture of what he called 香蕉视频直播淎merican carnage香蕉视频直播 香蕉视频直播 a speech that was overshadowed in the news cycle by his claims about crowd sizes.

The celebrations also offered a stark contrast to the nature of Trump香蕉视频直播檚 departure from the nation香蕉视频直播檚 capital four years ago. In the wake of the Jan. 6 Capitol Hill attack, Trump refused to accept the outcome of the 2020 election and skipped Biden香蕉视频直播檚 inauguration.

Biden and his vice-president Kamala Harris, as well as former presidents Barack Obama, George W. Bush and Bill Clinton, were in attendance on Monday inside the rotunda, as was Industry Minister Fran莽ois-Philippe Champagne.

Trump delivered his oath of office inside the U.S. Capitol after cold weather moved the planned ceremony indoors.

Outside, thousands of people wearing Trump tuques and hats braved the frigid weather near the Capitol One Arena, where Trump spoke later after his inaugural address.

Kenneth Johnson, visiting the capital from Boulder City, Nev., said he believes Trump will stop other countries from 香蕉视频直播渢aking advantage香蕉视频直播 of the U.S. and bring down the cost of groceries.

香蕉视频直播淲e香蕉视频直播檙e getting rid of the corruption. We香蕉视频直播檙e getting rid of the baloney,香蕉视频直播 he said, citing President Joe Biden香蕉视频直播檚 last-minute pardon of administration officials who might face retribution from Trump.

香蕉视频直播淥ur nation香蕉视频直播檚 going to be back under control,香蕉视频直播 Johnson said.

Daniel Blake travelled from Connecticut to take in the moment and celebrate with others excited about the promise of smaller government.

香蕉视频直播淲e basically waste our taxpayer money, so I香蕉视频直播檓 excited about that,香蕉视频直播 he said.





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