Author: Unknown
Published on: 03/02/2025 | 00:00:00
AI Summary:
Canada has experienced a tumultuous start to 2025, with Prime Minister Justin Trudeau announcing his resignation days into the new year. Canada is facing what some economists have dubbed “its largest trade shock in nearly 100 years” United States President Donald Trump has threatened to impose 25-percent tariffs on a wide range of Canadian imports. Yet for many across the country, the potential for a trade war between the longtime allies continues to fuel a sense of anger. Nearly three-quarters of Canada’s total trade exports go to the US. The country is also the US’s largest foreign energy supplier. Trump has said the tariffs are necessary to push the Canadian government to stop fentanyl trafficking and irregular migration. Canada will “appoint a Fentanyl Czar, we will list cartels as terrorists, ensure 24/7 eyes on the border, launch a Canada-US Joint Strike Force to combat organized crime. Trudeau said the two countries have experienced tensions in the past. He pointed to tensions over Canada’s refusal to join the US-led invasion of Iraq in 2003. Canadian crowds booed the US national anthem at hockey and basketball games over the weekend. The leaders of several provinces have urged people to “buy Canadian” in response to the tariffs. For the average person, McKercher explained, those “little acts of defiance” offer a sense of agency in a situation where they might otherwise feel powerless. The threat of a prolonged trade war goes beyond day-to-day purchases. For many Canadians, the prospect could make an already difficult economic situation worse. Already, Ohana said there has been an increase in demand for food banks and shelter beds in recent years in Montreal. Canada appears to have secured a reprieve from US tariffs. Last week, political, labour and civil society leaders released the “Pledge for Canada” to build a nationwide response to the Trump administration’s policies. That includes protecting Canadian sovereignty, reducing the country’s “dependence on the United States by diversifying our trade” and building alliances with other countries. We have a president that threatens us daily with measures that would throw our economy into a recession. These are not the actions of an ally.”
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