Canada’s new PM vows to win trade war against US
Canada’s incoming Prime Minister, Mark Carney, has made it clear that his government will not back down in the face of American tariffs, promising that Canada will win the ongoing trade war with the United States. Carney, who recently secured the leadership of the Liberal Party with a commanding 85.9% of the vote, asserted in his inaugural speech that the retaliatory tariffs imposed by Ottawa will remain in place until the US treats Canada with “respect.”
The trade dispute between the two North American neighbors escalated in February when US President Donald Trump announced sweeping tariffs: 25% on imports from Canada and Mexico, alongside 10% duties on goods from China. Though initially delayed for a month, the tariffs took effect on March 4. While exemptions were granted to certain automakers and goods covered under the United States-Mexico-Canada Agreement (USMCA), these exemptions are set to expire in April.
Ottawa responded with a strong countermeasure, imposing tariffs on $30 billion worth of American products, with an additional $125 billion in duties scheduled for next month. These measures are designed to target key US industries while minimizing damage to the Canadian economy.
In his victory speech on March 9, Carney took direct aim at Trump’s trade policies, calling them “unjustified” and “an attack on Canadian families.”
“There’s someone who’s trying to weaken our economy. Donald Trump,” Carney declared. “Donald Trump has put unjustified tariffs on what we build, on what we sell, on how we earn a living.”
Carney vowed that his government would keep the counter-tariffs in place until........
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