CTV News’ chief political correspondent Vassy Kapelos says Canada was notified this morning by the U.S. that China, Mexico and Canada will be subject to tariffs: 25 per cent across the board with the exception of energy, which will be 10 per cent.
It would take effect on Tuesday and would be in place until the fentanyl overdose issue is sorted.
Minister of Intergovernmental Affairs Dominic LeBlanc and Prime Minister Justin Trudeau will announce a Canadian response at 6 p.m. ET tonight.
A senior government source tells CTV News that Ottawa is expecting something formal at 2 p.m. EST. Cabinet is set to meet at 3 p.m. EST.
I’d sure love to see how this will improve the cost of living in the US…
Who am I kidding? It’s not like Trump has a track record of lying and taking people what they want to hear to get them to support him, then immediately stab them in the back.
What we should do imho, as a country, is launch a massive marketing campaign on all major networks in the US and tell people that the financial pain they’re now feeling is all the fault of DC and get them to pursue their representatives to get Trump to undo this madness. It’ll prove far more effective than retaliatory tariffs, because most folks in the US simply aren’t aware of what the government is doing.