Canadian Prime Minister Justin Trudeau dpoke in an interview with CNBC on Sunday:
“As we did last time, we are ready to respond with tariffs as necessary”
Trudeau is referring here to 2018, when Canada slapped dollar-for-dollar tariffs on U.S. steel and aluminum in response to the Trump tariffs on Canada’s steel and aluminum during NAFTA negotiations.
Trudeau on electricity exports to the U.S.:
“No American wants to pay 25 percent more for electricity or oil and gas coming in from Canada” “And that’s something that I think people need to pay a little more attention to ... . will increase the cost of living for Americans and harm a trading relationship that works extremely well”Info via Politico, more at the link.
Trudeau will be CAD PM until March.
This article was written by Eamonn Sheridan at www.forexlive.com. Read More Details
Finally We wish PressBee provided you with enough information of ( Canada PM Trudeau says has counter-tariffs ready If Trump launches a trade war )
Also on site :
- Could 100 Men Really Take on One Gorilla and Win? We Asked ChatGPT
- Trump sees no red line that would change tariff policy - The Atlantic
- Pope Tawadros meets with mayor of Polish town