Donald Trump won’t hit Canada with tariffs on his first day in office: reports
By Canadian Press on January 20, 2025.
OTTAWA — The New York Times and Wall Street Journal say incoming U.S. president Donald Trump won’t slam Canada with damaging tariffs on his inauguration day.
Both U.S. newspapers report Trump will instead sign an executive order today to investigate alleged unfair trade and currency practices by Canada, Mexico and China.
The publications say the White House has confirmed Trump won’t be imposing tariffs today, when he’s set to be sworn in officially at a ceremony in Washington.
In November Trump threatened to hit Canada with steep 25 per cent across-the-board tariffs in one of his first executive orders on his first day back in office.
Canada says it is ready to respond with countermeasures if Trump makes good on his threats.
Ottawa is also pumping $1.3 billion in new resources into border security in the hopes of convincing Trump not to impose tariffs.
This report by The Canadian Press was first published Jan. 20, 2025.
Kyle Duggan, The Canadian Press
11-10
So, Premier Smith in Alberta was correct in stating she was going to wait and see, while the feds and Ford wanted to impose ‘nuclear’ actions.
We will never win a trade war with the US! It would be like a Chihuahua going after a wolf! There was no mention of cutting off Quebec electricity to the US which could cause major blackouts in the North East US, or the automotive industry being used. It was first, Alberta’s oil and gas industry being used as the first attack! Let me remind you that the US buys pertroleum products from over 70 countries, with about 15 being primary ones. Trump could easily decide to buy from other countries, even though it would be more difficult, he thinks in this manner and that would kill Alberta’s annual exports of $134 billion in oil and gas to America, representing over 80% of Alberta’s total exported goods.
But the Liberals, Quebec and Ontario would love to see that happen to Alberta!
I support our Premier for wanting to wait and see, before starting a war we cannot win and killing our economy, which contributes the third largest amount to the Canadian GDP.