Canada to announce retaliatory tariffs as Trump tells its leaders to ‘fall in line’
TORONTO: Canada will announce retaliatory tariffs against the United States on Tuesday after relations deteriorated sharply Monday, with President Donald Trump telling Canadian leaders to “fall in line” or face consequences “far WORSE” than existing tariffs and Prime Minister Mark Carney accusing Washington of trying to subordinate Canada.
Trump also threatened new 50 percent tariffs on Canadian vehicles, auto parts and steel, while Carney said US trade demands showed Washington wanted to “destroy our major industries,” including autos, steel and aluminum.
Finance Minister François-Philippe Champagne and three other Cabinet ministers are scheduled to unveil Canada’s response Tuesday morning. Carney said earlier Monday that Canada may need to move away from matching US tariffs dollar for dollar and instead use more targeted retaliation aimed at protecting Canadian workers and businesses.
“An attitude at the negotiation table that Canada is a subsidiary of the United States” is “not something we’re going to accept,” Carney said.
