Trump Threatens 25% Tariff on Canada Starting February 1
Former U.S. President Donald Trump has issued a stark warning to Canada, stating that he will impose a 25% tariff on Canadian goods starting February 1. Speaking from his Oval Office desk, Trump hinted at taking tough economic measures if trade policies with Canada are not aligned with his vision.
The threat marks a sharp escalation in rhetoric, as Trump continues to prioritize what he describes as “America First” economic policies. While details of the targeted goods or sectors remain unclear, the proposed tariff is expected to have significant implications for cross-border trade between the two nations.
Canadian officials have yet to respond to the warning. However, experts suggest that such a move could strain the already delicate economic relationship between the two countries, potentially impacting key sectors such as automotive, agriculture, and energy.
This announcement echoes similar trade threats made during Trump’s presidency, when he frequently targeted trade partners with tariffs to renegotiate terms more favorable to the U.S. Markets and political leaders on both sides of the border are bracing for the potential fallout.