Trump’s ‘strategy’ is to create economic uncertainty in other countries: Freeland
By Anja Karadeglija, The Canadian Press on December 13, 2024.
Deputy Prime Minister and Finance Minister Chrystia Freeland speaks with reporters in Ottawa on Tuesday, Dec. 10, 2024. Freeland says under Donald Trump as president, the United States has an open strategy of creating economic uncertainty in other countries to discourage investment outside U.S. borders. THE CANADIAN PRESS/Adrian Wyld
OTTAWA – Finance Minister Chrystia Freeland says with Donald Trump as president, the United States has an open strategy of creating economic uncertainty in other countries to discourage investment outside U.S. borders.
Freeland says the incoming Trump administration is proudly economic nationalist and Ottawa is realistic in recognizing that’s the case.
She says there is a global fight for capital, investment and the jobs they bring, and Canada needs to be assertive in fighting for capital.
Freeland promised to elaborate on those comments in the government’s fall economic statement, which is scheduled to be released on Monday.
The federal and provincial governments are working out how navigate Trump’s threat to impose 25 per cent tariffs on all imports from Canada when he takes office in January.
Ontario Premier Doug Ford said earlier this week Ottawa is preparing retaliatory tariffs and threatened to restrict electricity exports from Ontario.
This report by The Canadian Press was first published Dec. 13, 2024.
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Economic uncertainty the US’s fault?? I believe we do not have to be afraid of Trump causing this in Canada, because Trudeau has already brought encomic uncertainty to Canada with his policies, while bankrupting the miliary, doubling our national debt in just a few short years with nothing to show for it but high inflation, food prices that have doubled in many cases in a couple of years, lack of housing, with owning a home no longer an option for many, selling out parts of our sovereignty in trade deals with little benefit to Canada and ignoring the security of our North, which has caused a major security threat to our country from Russia and China.
Not to mention financing Comrade Zzylinski, opening the border to countless tax burdens, interest rates designed to cripple common folk – – – –