US President Donald Trump has raised tariffs on Canadian goods by 10% in retaliation against an anti-tariff advertisement featuring the late US president Ronald Reagan. The 35% tariff already imposed on all Canadian goods remains, but will now apply to a broader range of products.
The Ontario government aired the advert during the World Series baseball championship between Toronto's Blue Jays and LA Dodgers, showcasing a clip from Reagan's 1987 national radio address about tariffs hurting every American. Trump called it a "fraud" and urged Canada to remove it immediately, saying he had no intention of meeting his Canadian counterpart during his current trip to Asia.
Prime Minister Jay Carney said in response that Canada was ready to continue trade talks with the US, but emphasized its ability to diversify trade relationships with other countries. The US-Canada trade minister Dominic LeBlanc also stated that progress is best achieved through direct engagement with the US administration.
The Canadian Chamber of Commerce expressed hope for the escalation to be resolved through diplomatic channels and further negotiation. The organization warned that tariffs remain a tax on American competitiveness as a whole.
Trump's move has left Canada reeling, with three-quarters of its exports sold to the US. The country is home to Ontario's automobile manufacturing industry, which could face significant disruption under the new tariffs.
The Canadian government announced it will restart trade talks when Americans are ready, as Prime Minister Carney said on Sunday.
The Ontario government aired the advert during the World Series baseball championship between Toronto's Blue Jays and LA Dodgers, showcasing a clip from Reagan's 1987 national radio address about tariffs hurting every American. Trump called it a "fraud" and urged Canada to remove it immediately, saying he had no intention of meeting his Canadian counterpart during his current trip to Asia.
Prime Minister Jay Carney said in response that Canada was ready to continue trade talks with the US, but emphasized its ability to diversify trade relationships with other countries. The US-Canada trade minister Dominic LeBlanc also stated that progress is best achieved through direct engagement with the US administration.
The Canadian Chamber of Commerce expressed hope for the escalation to be resolved through diplomatic channels and further negotiation. The organization warned that tariffs remain a tax on American competitiveness as a whole.
Trump's move has left Canada reeling, with three-quarters of its exports sold to the US. The country is home to Ontario's automobile manufacturing industry, which could face significant disruption under the new tariffs.
The Canadian government announced it will restart trade talks when Americans are ready, as Prime Minister Carney said on Sunday.
I'm not surprised by Trump's move, it feels like a typical Tuesday in politics 
. The guy can't seem to help himself, always stirring up drama and chaos 
. It's like he wants Canada to take him seriously as a trade partner or something 
. Newsflash Donald: if you're gonna make a big deal out of a commercial ad, at least have the decency to address the issue in a mature manner 
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. I'm not sure what's more concerning, though: the tariffs themselves or Trump's willingness to escalate this into a full-blown trade war 
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. Maybe it's time for them to explore other trade relationships, like with Europe or China 
? Wouldn't that be something? The US would definitely not be happy about that 
.
i mean canada's got nothing to lose at this point, they should just keep talking to the us and trying to diversify their trade deals...like india or something 
I'm not surprised by Trump's decision, but I do think it's a bit extreme. The ad was meant to highlight the impact of US tariffs on Canada, and I get that Trump might feel frustrated about it, but retaliating with 10% more tariffs just seems like a escalation fest 
. The fact is, Canadian exports are a huge deal for the US economy, and this move could hurt American consumers and businesses who rely on those goods. 
It's also interesting to see how Canada is responding by diversifying its trade relationships - maybe they'll find some new partners who can help them weather this storm 
I just want them to resolve this through diplomacy and negotiation ASAP 
But honestly, what do you guys think?! Should we be supporting our American friends on this one or is Canada getting a raw deal? 
... I mean, come on Trump, you can't just slap more tariffs on Canada because someone made a funny ad about you and Reagan 
. Maybe Trump will finally learn that being a bully doesn't solve anything, or maybe Canada will figure out some way to diversify their trade relationships and save themselves from his tariffs 
... either way, it's gonna be interesting! 
. The Canadian Chamber of Commerce is right, this is all about punishing American competitiveness 
... They're just gonna sit back and watch their economy tank? No thanks 
. This whole thing is just another perfect example of how trade wars are never good for anyone involved 
no wonder they're all like "hope it gets resolved through diplomatic channels"... lol can't say i blame 'em