Canada stands firm on US tariffs removal, warns of trade war

Canadian Prime Minister Justin Trudeau has reiterated his commitment to resolving the ongoing trade dispute with the United States, with a primary focus on the removal of all tariffs. Trudeau has made it clear that Canada is not interested in a compromise that would result in reduced tariffs, but rather seeks the complete elimination of the tariffs imposed by the U.S. government. This position was echoed by Canadian Finance Minister Dominic LeBlanc, who stated that Canada wants the tariffs removed entirely.

Trudeau has also expressed concern over the potential economic impact of the tariffs, stating that the U.S. administration's actions could lead to a trade war. He has warned that the tariffs are detrimental to both countries' economies and has called for their swift removal. The Canadian government has been actively engaging in talks with the U.S. government to resolve the issue, with the aim of minimizing the duration of the tariffs.

In response to the U.S. tariffs, Canada has imposed retaliatory tariffs on American goods. Trudeau has made it clear that Canada will not back down from these retaliatory measures until all U.S. tariffs are lifted. This stance was further reinforced by Ontario Premier Doug Ford, who stated that Canada is unwilling to accept any tariffs on its goods. The Canadian government has also requested consultation with the World Trade Organization (WTO) regarding the legal implications of the tariffs.

The trade dispute has led to a tense situation between the two countries, with both sides imposing tariffs on each other's goods. The U.S. has imposed a 25% tariff on imports from Canada and Mexico, with Canadian energy products being taxed at 10%. In response, Canada has imposed retaliatory tariffs on $30 billion worth of American goods. The situation remains fluid, with both countries continuing to engage in talks to resolve the dispute.