Now there will be a world trade war, Canada has shown its eyes to America, if tariffs are imposed, it will get a befitting reply.
Obnews International Desk: Canadian leaders have said that if America imposes 25 percent duty, Canada will also respond. Outgoing Prime Minister Justin Trudeau and Alberta province leader Daniel Smith believe Canada can avoid this fee.
US President Donald Trump has announced that he will impose a 25 percent tariff on Canada from February 1. Justin Trudeau and Daniel Smith argued that Canada is an energy superpower, with oil and significant mineral reserves, and that the United States would need these assets to build a “fast-growing” economy, as Trump has pledged.
Will try every possible means to protect the economy
Doug Ford, head of Ontario, the center of manufacturing and automobiles in Canada, said business competition is going to be 100 percent. “Trump has declared 'economic war' on Canada and we will do everything we can to protect our economy,” Ford said in an interview with The Associated Press (AP).
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Trudeau said Canada would retaliate if necessary. However, he also mentioned that this issue had also arisen during Trump's first term, but he was successful in restarting talks on a free trade agreement. Ford said he would instruct Ontario's Liquor Control Board to remove all US-made liquor as soon as Trump implements the tariffs.
“We are the largest buyer of alcohol in the world and I'm going to encourage all provincial premiers to do the same,” Ford said.
Preparing to impose dollar-for-dollar charges
He said in response, dollar-for-dollar tariffs would be imposed on American goods coming to Canada. He said, “We are also going to target the areas ruled by the Republican Party. They will feel the same pain as Canadians. The American people will also feel this pain.”
“A message to countries around the world: If they want to use Canada as an example, you will also be a target,” he said. Canada will also give you a befitting reply.”
Trump had said that tariffs could be imposed on Canada and Mexico from February 1. However, he has signed an executive order requesting a coordinated report by the Finance Minister by April 1.
(with agency input)
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