Donald Trump says he will go ahead with tariff threat against Canada and Mexico

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Tue, January 7, 2025

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Donald Trump says he will go ahead with tariff threat against Canada and Mexico

^{Published on 2025-01-07 14:01:02 - MSN}

United States president-elect Donald Trump is doubling down on his plans to impose tariffs on Canada in his first news conference since the certification of his election win.

Donald Trump has announced his intention to reinstate tariffs on Canadian and Mexican steel and aluminum if he wins the upcoming U.S. presidential election. This statement was made during a rally in Freeland, Michigan, where he criticized the current administration's trade policies, particularly the USMCA (United States-Mexico-Canada Agreement), which replaced the NAFTA. Trump argued that the USMCA has not been enforced properly, leading to an influx of cheap steel and aluminum into the U.S., which he claims harms American manufacturers. He specifically mentioned that these tariffs would be reimposed to protect American industries, despite previous negotiations that had led to the suspension of these tariffs under the USMCA. This move could potentially strain relations with Canada and Mexico, key trading partners, and reignite trade tensions in North America.

Read the Full MSN Article at:
[ https://www.msn.com/en-ca/politics/government/donald-trump-says-he-will-go-ahead-with-tariff-threat-against-canada-and-mexico/ar-AA1x7zWe ]

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