Prime Minister Justin Trudeau says he is agreed to satisfy along with his provincial and territorial counterparts after Donald Trump threatened to impose hefty tariffs on Canadian items.
The U.S. president-elect mentioned Monday night time that on his first day again within the White Home, he would impose a 25 per cent tax on all items imported from Canada and Mexico.
Chatting with reporters Tuesday morning, Trudeau mentioned he plans to satisfy with Canada’s premiers “this week” to debate find out how to strategy the Canada-U.S. relationship.
“It is a relationship that we all know takes a certain quantity of engaged on, and that is what we’ll do,” Trudeau mentioned earlier than heading into a gathering along with his cupboard.
“One of many actually vital issues is that we be all pulling collectively on this. The Crew Canada strategy is what works.”
The premiers had written to Trudeau on Monday previous to the newest tariff risk, asking for an pressing assembly to debate Ottawa’s strategy to the incoming administration.
WATCH | Trump threatens 25% tariffs on Canada, Mexico on 1st day in workplace:
Trump threatens 25% tariffs on Canada, Mexico on 1st day in workplace
In a publish on his Reality Social platform, U.S. president-elect Donald Trump has threatened to impose a 25 per cent tariff on all items from Canada and Mexico till each international locations cease what he referred to as the ‘invasion’ of undocumented migrants and medicines crossing the U.S. border.
“As we glance to welcome the incoming U.S. administration, it is vital that we act now to work collectively and seize this chance to develop and strengthen our historic partnership with the U.S.,” the premiers’ letter reads.
Forecasters have been trying to foretell how a second Trump time period will influence Canada’s financial system. Numerous projections have pegged the potential harm to Canada at anyplace from lower than a half-point of GDP to a devastating 5 per cent.
