Prime Minister Justin Trudeau voiced strong opposition to President-elect Donald Trump’s proposed 25% tariffs on Canadian imports, warning they would harm both countries. Speaking to U.S. business leaders on Thursday, Trudeau stressed the importance of free trade and stable economic relations, emphasizing the negative effects tariffs would have on prices, investments, and financial markets.
Trump's tariff proposal aims to pressure Canada to enhance border security. Earlier this week, Trump controversially suggested Canada could become a U.S. state, an idea Trudeau dismissed, stating there was "not a snowball's chance in hell" it would happen.
During the meeting, Trudeau engaged with Jay Timmons, CEO of the National Association of Manufacturers, and Joshua Bolten, CEO of the Business Roundtable, an organization representing over 200 top executives. Trudeau underscored that tariffs would disrupt the free flow of goods and services, raising costs for consumers and hindering growth on both sides of the border.
Despite productive relations with former U.S. Presidents Joe Biden and Barack Obama, Trudeau’s relationship with Trump has often been strained. This latest clash adds to tensions as Trudeau announced plans to step down after nine years in power, following his Liberal Party’s poor performance in recent polls.
The prime minister’s remarks highlight concerns over the economic consequences of protectionist trade policies and reflect his commitment to preserving a strong Canada-U.S. partnership. Trudeau's office reiterated that continued free trade is essential for economic stability and growth for both nations.


Silver Prices Plunge in Asian Trade as Dollar Strength Triggers Fresh Precious Metals Sell-Off
Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal
Missouri Judge Dismisses Lawsuit Challenging Starbucks’ Diversity and Inclusion Policies
Marco Rubio Steps Down as Acting U.S. Archivist Amid Federal Law Limits
Federal Judge Restores Funding for Gateway Rail Tunnel Project
U.S. Sanctions on Russia Could Expand as Ukraine Peace Talks Continue, Says Treasury Secretary Bessent
Vietnam’s Trade Surplus With US Jumps as Exports Surge and China Imports Hit Record
Asian Markets Slip as AI Spending Fears Shake Tech, Wall Street Futures Rebound
Gold and Silver Prices Rebound After Volatile Week Triggered by Fed Nomination
China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices
Ukraine-Russia Talks Yield Major POW Swap as U.S. Pushes for Path to Peace
Australia’s December Trade Surplus Expands but Falls Short of Expectations
TrumpRx.gov Highlights GLP-1 Drug Discounts but Offers Limited Savings for Most Americans
U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains
China Warns US Arms Sales to Taiwan Could Disrupt Trump’s Planned Visit
Dollar Steadies Ahead of ECB and BoE Decisions as Markets Turn Risk-Off
Asian Stocks Slip as Tech Rout Deepens, Japan Steadies Ahead of Election 



