Here’s the latest as Canada faces tariffs from United States President Donald Trump
By Canadian Press on February 3, 2025.
United States President Donald Trump confirmed this weekend that 25 per cent tariffs against Canadian goods will go into effect on Tuesday. Prime Minister Justin Trudeau has said Canada will retaliate with tariffs of its own against $155 billion worth of American goods, including alcohol, furniture and natural resources.
Here’s the latest (all times eastern):
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10:30 a.m.
Poll results released today suggest that almost two-thirds of residents in the Maritimes expect to travel less to the United States because of Donald Trump’s presidency.
The Narrative Research survey of 1,618 residents of Nova Scotia, New Brunswick and P.E.I. — conducted between Jan. 30-31 — found that 62 per cent of respondents said they would spend less time travelling south, with the top reason being dissatisfaction or disagreement with Trump’s leadership. One-third of those curtailing their travel cited financial reasons specifically related to tariffs, and opposition to Trump’s economic policies.
A similar survey in December found only 37 per cent of respondents were expecting to travel less to the U.S.
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10:30 a.m.
Ontario Premier Doug Ford says U.S. President Donald Trump is causing Canadians to face some of the toughest challenges ever with tariffs coming into effect on Tuesday.
He says that if Canada is going to win the fight, everything needs to be on the table and policy-makers must identify critical points of leverage for maximum impact.
Ford, who is campaigning for re-election, announced today that he would rip up a $100-million deal with Elon Musk’s satellite internet constellation Starlink, following the premier’s announcement that the province’s liquor monopoly would pull American products off the shelves.
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10 a.m.
Prime Minister Justin Trudeau’s office confirmed he spoke with U.S. President Donald Trump this morning and will speak with him again later today.
Trump has linked his coming trade war with Canada to fentanyl crossing the border into the U.S., but in a post on Truth Social he also questioned why Canada, in his words, “doesn’t even allow U.S. banks to open or do business there.”
This report by The Canadian Press was first published Feb. 3, 2025.
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I have zero trust in the Liberals ability to negotiate in this Tariff War! Their track record is poor with dealing with the previous Trump administration, with Trudeau, as usual, insulting a world leader.
On the other side of the coin, and I do not condone this: Iran has a hit out on Trump and he has also angered the Cartels, so I wonder if he will even make it to a 2 year term. Does he understand this? Again, I do not condone this, and it is just an observation and assumption from remembering the day JFK was assassinated in the 60’s. There appears to be a worldwide action to overtake sovereign countries as if we are playing Monopoly!