Shortly after taking office on Monday, US President Donald Trump reiterated his threat to impose a 25 per cent tariff on Canadian and Mexican imports, starting as early as February 1, if the two neighbouring nations did not clamp down on illegal immigration.
PM Justin Trudeau said the US will need Canadian resources to usher in Trump's 'golden age'. (Reuters Photos)
In Short
Trudeau says Canada vital for America's economic growthHe notes that the US needs Canadian resources to usher in 'golden age'Trump plans 25 per cent tariff on Canadian imports from February 1Canadian Prime Minister Justin Trudeau warned that his government is ready to respond and "everything is on the table" if US President Donald Trump proceeds with his threat to impose a 25 per cent tariff on Canadian imports starting from February 1.
While acknowledging that the new President's approach does bring uncertainty, the Prime Minister said that "Canada provides many of the necessary inputs the American economy is going to need in order to grow and boom".
"President Trump said that he wants to usher in a 'golden age' for the United States. (And) that will require more steel, aluminium, critical minerals, reliable and affordable energy and more of everything to run the US economy full steam ahead. Canada has all those resources," Trudeau told reporters on Tuesday.
Published By:
Karishma Saurabh Kalita
Published On:
Jan 22, 2025