In an escalating trade dispute, Prime Minister Justin Trudeau denounced President Trump's substantial tariffs on Canadian imports as "very dumb," pledging a vigorous defense of Canada’s economy. The conflict has intensified with Trump imposing a 25% tariff on Canadian goods, alongside increased levies on Mexican and Chinese imports. In retaliation, Trudeau announced a reciprocal tariff targeting $155 billion of US goods, stressing that a trade conflict would be detrimental for both sides. Trump responded bluntly, threatening immediate reciprocal hikes. Experts comment on the looming economic fallout and rising consumer prices, cautioning that a trade war could lead to significant losses for American consumers and stakeholders alike.
Trudeau Condemns "Dumb" US Tariffs Amidst Heightened Trade Tensions

Trudeau Condemns "Dumb" US Tariffs Amidst Heightened Trade Tensions
Canada's Prime Minister vows a strong retaliatory response to US tariffs, emphasizing national economic protection.
Trudeau accused Trump of attempting to undermine the Canadian economy, stating, "We will never be the 51st state." He affirmed Canada’s intention to resolve the tariffs swiftly and effectively, while Trump maintained that his policies were rooted in protecting American jobs and addressing drug trafficking concerns, despite Trudeau's insistence that the tariffs lacked justification. Echoing Trudeau's sentiments, Mexican President Claudia Sheinbaum also promised to enact counter-tariffs. As the Canadian economy could lose up to a million jobs due to these measures, provincial leaders proposed further retaliatory actions, intensifying the overall tension in North America’s trade landscape.