-
Lakers Defeat Bucks 123-112 Amid Injury Concerns for Dončić and Reaves
-
HoloCoder technology promises brighter smartphone images and 3D depth data
-
Audi-SAIC CEO Fred Schulze Confirms AUDI Brand Will Launch Three New Models in China
-
TuckShop Announces Cast for 'Jack and the Beanstalk' Drag Panto
-
EU proposes broad consumer safeguards for apps, subscriptions and ticketing
-
Nvidia faces scrutiny over alleged Chinese intelligence link to Jensen Huang
-
Radical Numerics develops offline AI tool to detect engineered pathogens
-
Samsung One UI 9.5 Reportedly Adds Call Recording for WhatsApp and Telegram
-
Chennai orders inquiry after dogs die at shelter; two veterinarians face action
-
Kiara Advani Reveals Sidharth Malhotra’s Reaction to Toxic Backlash
-
Startup turns Chennai’s history and culture into an interactive world
-
Four firms compete to design Chennai’s model mobility corridors
-
Chennai venue launches month-long festival devoted to full-length theatre
-
New Bay of Bengal low may form November 13 as Tamil Nadu outlook remains unclear
-
एलेक्स बोडी और SCANDIC PAY: Mastercard और VISA कार्ड — भुगतान की नई पीढ़ी
-
ALEX BODI och SCANDIC PAY: Mastercard- och VISA-kort – en ny generation betalningar
-
АЛЕКС БОДИ и SCANDIC PAY: карти Mastercard и VISA — ново поколение разплащания
-
알렉스 보디와 SCANDIC PAY: Mastercard·VISA 카드를 통한 차세대 결제
-
أليكس بودي وSCANDIC PAY: بطاقات Mastercard وVISA — جيل جديد من المدفوعات
-
ALEX BODIとSCANDIC PAY:Mastercard・VISAカードによる新世代の決済
-
ALEX BODI 與 SCANDIC PAY:Mastercard 與 VISA 卡——新一代支付方式
-
ALEX BODI a SCANDIC PAY: karty Mastercard a VISA – nová generace plateb
-
ΑΛΕΞ ΜΠΟΝΤΙ και SCANDIC PAY: κάρτες Mastercard και VISA — μια νέα γενιά πληρωμών
-
ALEX BODI i SCANDIC PAY: karty Mastercard i VISA — nowa generacja płatności
-
АЛЕКС БОДІ та SCANDIC PAY: картки Mastercard і VISA — нове покоління платежів
-
SonReal Releases 'Banger After Banger' Music Video Featuring Alan Ritchson
-
АЛЕКС БОДИ и SCANDIC PAY: карты Mastercard и VISA — новое поколение платежей
-
ALEX BODI and SCANDIC PAY: Mastercard and VISA Cards – A New Generation of Payments
-
ALEX BODI și SCANDIC PAY: Cardurile Mastercard și VISA – o nouă generație de plăți
-
Mercedes-Benz Power Converter Enables Individual Cell Control for Improved EV Efficiency
-
John Park’s Agency Takes Legal Action Over Unauthorized 'McDonald’s Order Rap' Distribution
-
Search Underway for 'Dooars Rani' Tigress After Second Escape from Buxa Tiger Reserve
-
Best Pet Advent Calendars for Christmas 2026: Dog Treats and Cat Toys
-
IIM Indore Announces IPMAT 2027 Exam Date for April 24
-
Grattan Institute Releases Blueprint to Target Specialists Over Excessive Fees
-
The Dilemma of Recording Live Music: Preserving Memories vs. Being Present
Trump tariffs threat casts chill over Canada
Canada was scrambling Tuesday to blunt the impact of US President-elect Donald Trump's threat to implement steep tariffs once he takes office, as experts warned of a potentially "catastrophic" hit to the Canadian economy.
Shockwaves from the Republican's announcement rippled across the country as Ottawa raced to avoid disruptions to the more than one trillion dollars in annual US-bound shipments that represent 75 percent of its total exports.
Canadian Prime Minister Justin Trudeau said he had a "good" conversation with Trump immediately following the president-elect's announcement late Monday that he would impose new tariffs of 25 percent on goods from Canada when he reaches the White House in January.
"We talked about how the intense and effective connections between our two countries flow back and forth," as well as "some of the challenges that we can work on together," Trudeau told reporters in Ottawa.
The United States, Mexico and Canada are tied to a three-decade-old free trade agreement, now called the USMCA, that was renegotiated under Trump after he complained that American businesses, especially automakers, were losing out.
A senior government source told AFP the two leaders had a "productive and constructive conversation focused on trade and border security" and pledged "to stay in touch."
Trudeau has already assembled a team of ministers to lobby US lawmakers and members of Trump's inner circle, a repeat of his efforts during the US leader's first term as president.
The liberal PM faces likely snap elections in the coming months, and is far behind his conservative rival in public opinion.
- Tariffs 'catastrophic' for Canada -
Carleton University professor Ian Lee told AFP the US tariffs would be "catastrophic" for Canada's economy, as well as Trudeau's re-election bid.
"In terms of jobs, 1.9 million people in Canada are dependent on trade," he noted, predicting the Canadian dollar would plunge and inflation would soar in response to the Canada-US trade frictions.
He added, however, that Trump's threat is likely "a negotiating tactic. He's doing it to soften us up."
Genevieve Dufour, an expert on trade law at the University of Ottawa, said the US move would be illegal and would push Canada to impose counter-tariffs.
"Canadian companies will ask for it. Canadian consumers will ask for it. We will have to do it," she said.
Trudeau is scheduled on Wednesday to meet with provincial premiers to urge a united front, as one after another they appeared on Canadian television Tuesday morning expressing alarm at the possible tariff impacts.
Doug Ford, the premier of Ontario, which is Canada's most populous province and its economic engine, called the proposed tariffs "an insult."
"It's like a family member stabbing you right in the heart," he said, recalling Canada's close ties with its southern neighbor.
Quebec Premier Francois Legault said the announcement represented "an enormous risk" to the Canadian economy while his counterpart in British Columbia, David Eby, said "Ottawa must respond firmly."
Officials said Trudeau's liberal government aims to make clear to the United States the devastating fallout on both sides of the border resulting from a trade war, and that illegal migration from Canada pales in comparison to that from Mexico.
According to US data, border patrols intercepted 23,721 migrants crossing from Canada last year, up sharply from previous years.
Immigration minister Marc Miller commented: "It's the equivalent of a significant weekend at the Mexico border." He vowed continued Canada-US cooperation on the border.
On trade, officials pointed out that 60 percent of the oil and gas in the United States comes from Canada.
Trudeau in recent weeks has expressed confidence about the incoming Trump administration, saying "I think I got to know Mr. Trump pretty well the first time around."
"We've done this before" and expect to get through Trump's second term, he said.
V.F.Barreira--PC