Summary

Mark Carney, frontrunner for Canadian Liberal Party leadership and potential prime minister, stated Canada will stand up to a bully after Trump imposed 25% tariffs on Canadian imports.

Carney vowed to retaliate by matching the US tariffs dollar for dollar, asserting Canada would not cave in despite mounting pressure.

He criticized Trump for undermining trade agreements, warning that the tariffs would damage the US global reputation and economic stability.

Outgoing Prime Minister Trudeau promised a forceful, immediate response, emphasizing unity as Canada defends its economic interests, ensuring national prosperity.

  • Kaput@lemmy.world
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    1 day ago

    Canadian oil would be hit with lower tariffs of 10%, which would take effect later, on 18 February.

    Cool we could put 15% on oil going to US and help trump keep his 25% on everything promises.

    • SpaceCowboy@lemmy.ca
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      1 day ago

      Screw 15%. Put it to 25% right now, and on 18 February Trump will have to choose between a 25% increase in oil prices or a 35% increase if he goes through with adding the 10% tariff.