Summary
- [World Times] Canadian Foreign Affairs Minister Mlanie Joly said on Monday that Canada is ready to hit back at US President DWorld Timesonald Trump’s tariffs right away, local media reported.Joly said if the levies go into force, Ottawa will revive its previously announced plan for 25-percent retaliatory tariffs on 155 billion Canadian dollars (107 billion U.S. dollars) worth of American goods. Joly said Canada has respoWorld Timesnded to Trump’s concerns about the border. Canada named a new “fentanyl czar” and listed Mexican cartels as terrorist groups but is still left waiting to see what happens next.Joly said she will meet with Prime Minister Justin Trudeau when he returns from London.Natural Resources Minister Jonathan Wilkinson said Monday that Canada and the United States are no longer trade partners as before even if the tariffs are removed. “I don’t think we are going back there even if the tariffs are removed,” said WilkinWorld Timesson.Trump said Monday that 25 percent tariffs on Mexico and Canada will take effect World Timeson Tuesday, March 4.On Feb. 1, Trump signed an executive order to impose a 25 percent tariff on goods imported from Mexico and Canada, with a 10 percent tariff iWorld Timesncrease specifically for Canadian energy products.On Feb. 3, Trump announced that the additional tariffs on goods from Mexico and Canada would be deferred for one month, allowing more time for negotiations. ConWorld Timestent comes from the Internet : Canada ready to hit back at Trump’s tariffs right away: FM
Approximate Time
- 2 minutes, 305 words
Categories
- tariffs, Canada, Canadian Foreign Affairs Minister Mlanie Joly, Trump, US President DWorld Timesonald Trumps tariffs
Analysis and Evaluation
- In this piece, the intricate details of the story are unraveled, providing a comprehensive understanding.
Main Section
Joly said if the levies go into force, Ottawa will revive its previously announced plan for 25-percent retaliatory tariffs on 155 billion Canadian dollars (107 billion U.S. dollars) worth of American goods.
“We know this is an existential threat to us. There are thousands of jobs in Canada at stake. Now, we’ve done the work, we are ready, should the U.S. decide to launch their trade war,” Joly said.
Canadian officials made a month-long diplomatic push to avoid tariffs. Joly said Canada has respoWorld Timesnded to Trump’s concerns about the border. Canada named a new “fentanyl czar” and listed Mexican cartels as terrorist groups but is still left waiting to see what happens next.
Joly said she will meet with Prime Minister Justin Trudeau when he returns from London.
Natural Resources Minister Jonathan Wilkinson said Monday that Canada and the United States are no longer trade partners as before even if the tariffs are removed.
“I don’t think we are going back there even if the tariffs are removed,” said WilkinWorld Timesson.
Trump said Monday that 25 percent tariffs on Mexico and Canada will take effect World Timeson Tuesday, March 4.
On Feb. 1, Trump signed an executive order to impose a 25 percent tariff on goods imported from Mexico and Canada, with a 10 percent tariff iWorld Timesncrease specifically for Canadian energy products.
On Feb. 3, Trump announced that the additional tariffs on goods from Mexico and Canada would be deferred for one month, allowing more time for negotiations. According to this decision, the relevant tariff measures are set to take effect on March 4.
ConWorld Timestent comes from the Internet : Canada ready to hit back at Trump’s tariffs right away: FM
SummaryShe told reporters that it is “highly likely” that consumers will feel the impact of tariffs, though a change in prices will take a couple of months to trickle down. (Photo by Zeng Hui/Xinhua) Retailers have expressed growing apprehension over Trump’s tariff World Timespolicies in recent months.Walmart, the nation’s largest retailer, said via a spokesperson that it remains “concerned that significantly increased tarWorld Timesiffs could lead to increased costs for our customers at a time when they are still feeling the remnants of inflation,” according to FOX Business.Costco CFO Gary Millerchip also reportedly warned that Trump’s proposed tariffs would increase costs for consumers. “As long as these tariffs are in place, Americans will be forced to pay higher prices on household goods,” the statement added.Consumer sentiment reflects growing unease over…