Elon Musk nearly lost a Starlink contract with Canada worth millions of dollars due to Donald Trump’s greedy tariff threats.
After months of threatening tariffs on Canada, Mexico, and China and touting tariffs as the key to the economy, Trump moved to implement 25% tariffs on Canada on February 4. Canadian Prime Minister Justin Trudeau warned Trump that such tariffs would hurt Canadians and Americans. However, the president moved ahead with his plan, quickly sparking retaliatory measures from Canada. The country ordered 25% tariffs on American imports. It planned to start the tariffs on beverages, cosmetics, and paper products before releasing a second, more extensive list, including vehicles, steel, fruits and vegetables, produce, and more. Canada also found a unique retaliatory measure by going after Musk.
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