Trudeau pledges to combat Trump-imposed tariffs
The Canadian prime minister has vowed to respond to the United States' tariffs on steel and aluminum. Read Full Article at RT.com.
TroibNews 
The Canadian prime minister has vowed to respond to US tariffs on steel and aluminum.
Canadian Prime Minister Justin Trudeau has criticized the US's recent decision to impose a 25% tariff on steel and aluminum imports, calling the action “unacceptable.” He affirmed that Canada would “stand up strongly and firmly” against these tariffs if required.
These tariffs, announced by US President Donald Trump on Monday, are scheduled to begin in March and will apply universally, with no exemptions. This change in policy has raised alarm among significant US allies and trading partners, including Canada, Mexico, the EU, and South Korea. As the largest supplier of steel to the US, Canada is likely to face considerable effects from these tariffs.
At an artificial intelligence summit in Paris on Tuesday, Trudeau asserted that his government will take “all necessary steps” to protect Canadian workers and industries. “We will not be bullied by these unfair trade practices,” he reiterated, highlighting Canada's long-term commitment as a dependable trading partner.
The Canadian Steel Producers Association criticized the tariffs earlier this week, labeling them “damaging and unnecessary” and warning of potential job losses and disruptions in supply chains. Catherine Cobden, president of the CSPA, stated, “These tariffs will hurt businesses on both sides of the border.” She urged the US administration to reassess its approach before causing irreversible damage.
In reaction to the US decision, European Commission President Ursula von der Leyen announced on Tuesday that the EU would enact “firm and proportionate countermeasures” to safeguard its economic interests. According to the Financial Times, Brussels has prepared retaliatory tariffs of up to 50% on $5 billion worth of American goods, targeting items like bourbon whiskey, Harley-Davidson motorcycles, and motorboats.
Mexico's Economy Minister Marcelo Ebrard condemned the decision as “not justified” and “unfair,” as reported by Reuters. South Korea has also indicated its intention to respond in defense of its economic interests.
Media analysts caution that these rising trade disputes could disrupt international supply chains, raise costs for consumers, and potentially trigger a global trade war. They suggest that the US steel industry, which these tariffs aim to defend, may face retaliatory actions that could negate any potential advantages from the tariffs.
Sophie Wagner for TROIB News
Canadian Prime Minister Justin Trudeau has criticized the US's recent decision to impose a 25% tariff on steel and aluminum imports, calling the action “unacceptable.” He affirmed that Canada would “stand up strongly and firmly” against these tariffs if required.
These tariffs, announced by US President Donald Trump on Monday, are scheduled to begin in March and will apply universally, with no exemptions. This change in policy has raised alarm among significant US allies and trading partners, including Canada, Mexico, the EU, and South Korea. As the largest supplier of steel to the US, Canada is likely to face considerable effects from these tariffs.
At an artificial intelligence summit in Paris on Tuesday, Trudeau asserted that his government will take “all necessary steps” to protect Canadian workers and industries. “We will not be bullied by these unfair trade practices,” he reiterated, highlighting Canada's long-term commitment as a dependable trading partner.
The Canadian Steel Producers Association criticized the tariffs earlier this week, labeling them “damaging and unnecessary” and warning of potential job losses and disruptions in supply chains. Catherine Cobden, president of the CSPA, stated, “These tariffs will hurt businesses on both sides of the border.” She urged the US administration to reassess its approach before causing irreversible damage.
In reaction to the US decision, European Commission President Ursula von der Leyen announced on Tuesday that the EU would enact “firm and proportionate countermeasures” to safeguard its economic interests. According to the Financial Times, Brussels has prepared retaliatory tariffs of up to 50% on $5 billion worth of American goods, targeting items like bourbon whiskey, Harley-Davidson motorcycles, and motorboats.
Mexico's Economy Minister Marcelo Ebrard condemned the decision as “not justified” and “unfair,” as reported by Reuters. South Korea has also indicated its intention to respond in defense of its economic interests.
Media analysts caution that these rising trade disputes could disrupt international supply chains, raise costs for consumers, and potentially trigger a global trade war. They suggest that the US steel industry, which these tariffs aim to defend, may face retaliatory actions that could negate any potential advantages from the tariffs.
Sophie Wagner for TROIB News
