Canadians are waiting to see the details of the promised American tariffs that could be crippled by the Canadian economy.
US President Donald Trump has threatened to slaughter tariffs in Canada for months, and on February 1st it is tied as a day when he will come. On Friday, he stated that he intended to continue with his promises.
The Karolina Leavitt White House secretary said the president would spend a 25 -half -time tariff in both Canada and Mexico, plus 10 percent of tariffs on China starting on Saturday.
Trump himself gave journalists in an oval office a vague picture of how his plan can be shaped, saying:
- Tariffs will include oil and gas to or “around” February 18th.
- The name on the oil “probably” would collapse to 10 percent, but it was not clear whether lower duties would be applied from the beginning.
- There would be “a lot of tariffs” in steel and aluminum.
- Tariffs would “ultimately” include copper, although it will “take a little longer”.
- The reaction of financial markets to his plans did not care.
- The tariffs could “increase” significantly over time.
US President Donald Trump says he “does not ask for concessions” from Canada, because the White House confirmed that on Saturday it goes ahead with 25 percent of imports to imports from Canada. Trump added that he would “probably” set the tariffs on the Canadian oil to 10 percent.
Experts said only 10 percent of the billing would be shaved billions of dollars from Canadian GDP and potentially push the earth into a painful recession that requires that the government’s incentive to support the economy.
Trump moved forward -This when he cited his explanation to slap the tariff in Canada. Although he initially indicated that the tariffs should be charged to encourage the Canadian government to improve the security of the border, the president also complained of a trade deficit.
On Friday, Trump accused Canada of “treating us very unjustly” in the store.
The US government your own data He suggests that the store trade with Canada was $ 55 billion from November 2024. But Canadian officials claimed that when the export of oil is excluded, Americans actually have a trade surplus with Canada. Data also exclude US services that Canadians consume – including from the entertainment industry.
Trump has also consistently delayed migrants and drugs that have entered the US from Canada, although data suggests that the southern border explains the vast majority of these entries.
Data from US Customs and Border Protection show that the Agency seized only 19.5 kilograms of fentanis on the northern border last year compared to a whopping 9,570 pounds in the southwest.
Illegal migration through Canada has increased in recent years.
The US customs and border border officials recorded nearly 200,000 meetings on the northern border between October 2023 and September 2024, according to the agency. This is almost twice the number recorded in the same period of 2022, and six times the number recorded in 2020.
Accordingly, the number of incidents on the Canadian border last year was only one percent of the total number of people that the US border patrol stopped to try to enter the country between the checkpoints.
In the meantime, now they were the best source for illegal firearm enters Canada.
Still, Ottawa showed a willingness to cooperate with Trump on the border, announcing a $ 1.3 billion border package that will result in more staff and technology for better police 49.
But on Friday, the President said there was nothing that the Canadian government could do to convince him to reverse the course.
“We’re not looking for a concession. We’ll just see what’s going on,” Trump said on Friday.
