U.S. President Donald Trump91裸聊视频檚 team is indicating he won91裸聊视频檛 hit Canada with damaging tariffs on his inauguration day.
It appears Trump is holding off on his tariff threat for now.
A Trump official 91裸聊视频� who insisted on anonymity while outlining the incoming president91裸聊视频檚 plans during a call with reporters 91裸聊视频� pointed to a Wall Street Journal report saying Trump would only sign a memorandum telling federal agencies to study trade issues, including alleged unfair trade and currency practices by Canada, Mexico and China.
After two months of political consternation over Trump91裸聊视频檚 plans for his country91裸聊视频檚 relationship with Canada, the Republican leader91裸聊视频檚 inaugural speech marking his return to the White House on Monday did not mention America91裸聊视频檚 northern neighbour.
Trump91裸聊视频檚 speech offered no clarity on the status of his threat to impose a 25 per cent across-the-board tariff on Canadian products on day one of his new administration 91裸聊视频� part of a massive agenda aimed at leading a deeply divided U.S. on a starkly different path.
Trump91裸聊视频檚 team reportedly has prepared more than 100 executive orders. It91裸聊视频檚 not clear what91裸聊视频檚 in those orders or how many of them will be signed immediately.
In a statement issued Monday, Prime Minister Justin Trudeau congratulated Trump on his inauguration and cited Canada91裸聊视频檚 efforts to secure the border in response to the Republican leader91裸聊视频檚 demands for a crackdown on migrants and drugs.
91裸聊视频淲e are strongest when we work together,91裸聊视频� Trudeau wrote.
91裸聊视频淚 look forward to working with President Trump, his administration, members of the United States Congress, and officials at the state and local levels to deliver prosperity for our peoples 91裸聊视频� while protecting and defending the interests of Canadians.91裸聊视频�
91裸聊视频淚 think we want to see what the president decides to do,91裸聊视频� Kirsten Hillman, Canada91裸聊视频檚 ambassador to the U.S., told Bloomberg News last week. 91裸聊视频淐anada will be ready for whatever comes our way.91裸聊视频�
Trudeau has said repeatedly that Canada is ready to respond with countermeasures if Trump makes good on his tariff threat.
Two federal government sources who were not authorized to speak publicly about details of the federal counter-tariff plan say the government is waiting to see what Trump does before revealing its response.
The federal government has promised to pump $1.3 billion in new resources into border security over the next six years in the hopes of convincing Trump not to impose tariffs.
Trump initially tied the tariffs to concerns about border security but later seemed more concerned with the trade imbalance between Canada and the U.S.
As Trump begins his second term as president, federal cabinet ministers are gathering in Montebello, Que., Monday and Tuesday to discuss the tariff threat.
Prime Minister Trudeau met with the country91裸聊视频檚 13 premiers last Wednesday to discuss possible retaliatory actions. At the end of those meetings, he and 12 premiers released a statement pledging to present a united front to their American counterparts.
Alberta Premier Danielle Smith opted out, saying she could not support any retaliation plan that included measures affecting oil and gas.
Ontario Premier Doug Ford said Monday the tariff threat still needs to be taken seriously, despite the news that Trump is expected to hold off.
91裸聊视频淗e91裸聊视频檚 just adding more uncertainty, (saying) 91裸聊视频業 may not do it today, I91裸聊视频檒l do it tomorrow. Maybe I91裸聊视频檒l do it in a month.91裸聊视频� That doesn91裸聊视频檛 help,91裸聊视频� Ford told CityNews. 91裸聊视频淪o we91裸聊视频檙e going to take him serious.91裸聊视频�
The head of Canada91裸聊视频檚 largest private-sector union said she91裸聊视频檚 skeptical of the reports saying Trump won91裸聊视频檛 proceed with tariffs, given how he imposed tariffs during his first administration.
91裸聊视频淣o one should be breathing a sigh of relief at all right now,91裸聊视频� Unifor president Lana Payne said Monday morning.
Payne said the 91裸聊视频渃onstant threat of tariffs91裸聊视频� undermines investment and constantly puts Canada91裸聊视频檚 economy in danger. She said the solution is to invest in industrial plans for Canadian manufacturing, put supports in place to prepare for job losses and collaborate across political parties, business and organized labour.
91裸聊视频淲e have to come together in a profound way over the next four years to make sure that we91裸聊视频檙e guarding against any future threat, but also making sure that we91裸聊视频檝e got our act together in Canada,91裸聊视频� she said. 91裸聊视频淚t91裸聊视频檚 not going to stop here. The demands are going to grow.91裸聊视频�
Canada has multiple options for retaliatory tariffs ready to go depending on what Trump ultimately does. If Trump sets the tariffs at 25 per cent, Canada91裸聊视频檚 response would be to impose counter-tariffs worth roughly $37 billion, and possibly follow up with another $110 billion in tariffs.
If the duties are lower, Canada91裸聊视频檚 tariff response is expected to be more modest.
Hillman appeared on multiple American news programs last week to make the case that any type of trade war between Canada and the U.S. should be avoided.
91裸聊视频淚91裸聊视频檓 really hopeful that we are not going to get to that place,91裸聊视频� Hillman told Bloomberg News.
91裸聊视频淚t91裸聊视频檚 not good for the U.S., it91裸聊视频檚 not good for Canada. And there91裸聊视频檚 a lot of good things we can be doing together right now in energy and all sorts of other areas of trade.91裸聊视频�
While Trump vowed during the election campaign to introduce broad tariffs, a new poll suggests there is limited support for them among Americans.
An Associated Press-NORC Center for Public Affairs Research survey found almost half of U.S. adults oppose putting tariffs on all goods brought into the U.S. from other countries 91裸聊视频� more than were in favour or were neutral on the question.
