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- U.S. President Donald Trump threatened on Saturday to impose 100 per cent tariffs on Canadian goods if the country “makes a deal with China,” though Ottawa has said it is not pursuing such an agreement.
- Prime Minister Mark Carney later posted an ad online reiterating that the government’s response to economic threats will continue to be focusing on what it can control.
- Ministers on Parliament Hill today acknowledged the threat is serious, but they said it only confirms Canada needs to stay the course with its strategy to move trade dependency away from the U.S.
- The threat was the president’s latest swipe at Canada after Carney’s trade visit to China and his highly publicized speech in Davos, Switzerland.
Trump threatens 100% tariffs on Canadian goods as Carney carries on with trade strategy