• 2 days ago
Trudeau says Trump's 'dumb' trade war is designed to collapse the Canadian economy
An unbowed Prime Minister Justin Trudeau said that Canada will hit back hard at the U.S. after President Donald Trump launched a North American trade war by slapping devastating 25 per cent tariffs on virtually all Canadian goods.
Trudeau said that will never happen because "when it comes to defending our great nation, there is no price we all aren't willing to pay."
trade action that has the potential to ruin bilateral relations and prompt job losses, economic devastation and higher inflation on both sides of the border.
Trudeau has already slapped tariffs on an initial tranche of $30 billion worth of American goods and promised $125 billion more will face levies in three weeks' time. He said more, non-tariff measures are coming if Trump doesn't immediately back down.


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