
On the tariff policy of US President Donald Trump, Canada’s Prime Minister Justin Trudeau has warned that he will also impose jewelery tariffs and will also have to pay more prices to American consumers. On Thursday (January 23, 2025), Donald Trump said that he was planning to install heavy tariffs on Mexico and Canada. He had said many times in his election campaign during the US election that if he comes to power, he will put heavy tariffs on China, Canada and Mexico. However, this has not happened yet, but Trump can do so from 1 February.
Talking to reporters at the Oval Office on Thursday, Donald Trump said that 25 % tariffs can be imposed on Canada and Mexico from February 1. Justin Trudeau also retaliated on his statement and said that whenever Donald Trump imposes a tariff on Canada, Canada will also tax in response, which will increase the expenses of American consumers.
Talking to reporters in Ottawa, Trudeau said, ‘Whether it is put on January 20 or 1 February, 15 February or 1 April … Whenever the tariff is applied, Canada will also answer and put tariffs and everything for American consumers. The price will increase. I think Trump would like this.
Canada is the second largest trading partner in America after Mexico. 36 American states supply goods worth $ 2.7 billion from Canada every day. In America, a quarter of the oil consumed throughout the day comes from Canada. Oil Rich and Canadian province Albarta’s premiere Daniel Smith has said that if the US tariffs the oil coming from Canada, in some states, Americans may have to spend more than 1 dollar per gallon for gas.
Justice Trudeau also said that America should work with Canada with things and minerals that they need to provide economic growth and Trump has also promised for it. Canada has 34 important minerals and metals that America also wants to take. Canada of steel, uranium and aluminum is the largest foreign supplier.
Justin Trudeau said that he wants America to work with Canada for energy and minerals, but if Donald Trump wants to move forward with Tariff then we are also ready to answer strongly. Justin Trudeau said that if the tariff is imposed then it will be bad for the people of Canada, but even American consumers will not be able to escape from it.
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