Trump’s tariffs unleash ‘existential fight’ for Canada | Donald Trump News

US President Donald Trump was loyal to his threats.
On Tuesday, Trump Administration I unleash the hypothesis of the blanket by 25 percent On Canadian imports, with the exception of energy, which was hit 10 percent.
Trump also slapped a 25 percent tariff on Mexico, and the China tariff doubled to 20 percent.
Economists at Royal Canada Bank, Francis Donald and Cenathia Lich, described this as the biggest commercial shock to Canada for nearly a hundred years.
Vienna Nadjipola, Vice President of Research and Strategy at the Asia Pacific Foundation in Canada, pointed out the definitions as an “existential battle” of Canada.
Whatever the effect, all economists agree that a Trade war Between the United States and Canada began.
Canada has announced a tariff of 25 percent at 30 billion Canadian dollars ($ 21 billion) of imports in the United States, and said it would target 125 billion Canadian dollars (87 billion dollars) in goods in 21 days if necessary.
Mexico promised revenge, but it was affected by any action until Sunday.
China declared Identification of definitions From 10 to 15 percent on some American imports as of March 10, a series of new export restrictions for specific American entities has also developed.
It also filed a complaint with the World Trade Organization on Tuesday’s actions.
Rachel Zimba, assistant colleague at a new American security center, said the length of the tariff war is still “in the United States Court.”
But even if the blanket definitions are canceled, the most customized definitions will continue Economic inflationZimba said, which will harm the economies of all the countries concerned.
“The economic impact will be significant from all parties with increased prices and inflation, and companies are struggling to plan not only between these definitions but also with other acceptable definitions,” Zimba told Al -Jazeera Island, referring to Trump’s promise to impose a mutual tariff on all countries that apply to American products.
“It is very difficult to say where this is heading,” Brett House, a professor at Columbia College of Business, told Al Jazerera.
“There will be more customs tariff for more countries before we see any retreat,” said House, adding, “The White House is moving Trump in a volatile way and changing his opinion.”
House said that although negotiations are possible, Trump’s declared reasons for slapping the customs tariffs on Canada – to force it to stop the flow of immigrants who are not documented and fentanel to the United States – were based on “completely wrong” statements, and in fact, unauthorized migrants, weapons and drugs were increasingly moving in the opposite direction.
Last month, Canadian CBC News reported that new data from the Canadian Border Services Agency (CBSA) has shown that there is an increasing flow of illegal American drugs and rifles in the past two years. For example, medicines increased from 3.8 million grams (600 stone) to 8.3 million grams (1.307 stone) in 2024 – more than their counterparts on the American side of the border.
“Deep shift”
Therefore, while everything is negotiable, Trump usually responds to compliment or strength, as House said, Canada has already tried to compliment.
“The Prime Minister’s office is now right to impose it,” House said.
Regardless of the customs tariff that has been announced so far, Canada is also considering imposing a tariff on electricity exports to the United States.
More importantly, the situation has brought in the sharp focus on the question of steam collection in the face of threats by Ottawa ally: What is the future The relationship of Canada and the United States?
Some Canadian estimates indicated that the Trump tariff may cost up to 1.5 million jobs and send the economy to stagnation.
Canadian Prime Minister Justin Trudeau said on Tuesday that Trump was planning to cause “the complete collapse of the Canadian economy because this would be implicitly.”
“This is not only about the customs tariff. Nadjabola, Vice -President of Research and Strategy at the Asia Pacific Foundation in Canada, stated,“ The most worrying and deep shift that we are now witnessing in the relationship between Canada and the United States.
“This is an existential battle and will require leadership from all provinces and all parties because no one knows what tomorrow hides.”
Nadjibulla said it is unclear whether the current tensions will be limited to trade or bleeding in other areas such as foreign policy, defense and security arrangements.
Even if there is an escalation between the two countries, she added: “There is now a full transformation in the model” in how to present the relationship between the United States and its traditional allies.
She said: “It is clear that we need to make our national flexibility … and we need to make ourselves more able to trade and work with others around the world.” “It is an invitation to wake up to Canada.”
But it is an invitation to wake up to Mexico as well, as some Canadian Prime Minister have suggested that Canada succeed in its own business deal with the United States to replace the United States, Mexico and zedada agreement.
“There is strength in the numbers,” House said, and “a strategy of any bullying like the American president is to divide and ensure that his counterparts are negotiating individually.”
House warned that Ottawa’s relationship with Mexico could be affected by suggestions that Canada leaves Mexico from a future business deal, which suits Trump’s strategy to separate parties so that it does not negotiate with the solidarity position.
On Tuesday, US Trade Secretary Howard Lootnik Fox Business told Trump that Trump would reach the land with Canada and Mexico on customs duties, and it is expected to be announced in this sense on Wednesday.
Zimba said that no matter how much a compromise is reached, it will not fully repair the damage to the relationship between the trade partners in North America, especially since other definitions are on specific sectors of the road expected, “Zimba said.
However, “the cost of trade war is great and the armistice is possible.”
Until then, as they say in Canada when the battle is about to go out during the ice hockey, the elbows.
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2025-03-05 02:09:00