Canada Holds Off on Second Round of Retaliatory Tariffs Against Trump’s Trade Policies
The trade war between Canada and the U.S. has taken another dramatic turn as the Canadian government, led by Prime Minister Justin Trudeau, has opted to delay its second round of retaliatory tariffs against Donald Trump’s administration. The decision comes after Trump recently paused most of his tariffs, leading to speculation about how this political chess match will unfold.
Trump’s trade policies have been anything but predictable, and his latest move has created a complex situation for Canadian officials. Despite this temporary pause on some tariffs, Trudeau’s government has decided to keep countermeasures on the table, ensuring that pressure remains on the U.S. administration. While some see this as a strategic move to maintain leverage, others question whether it signals hesitation on Canada’s part.
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Tensions between the two leaders have been escalating for months, with Trump repeatedly making unverified claims about Trudeau’s political motives. In a social media post, Trump accused Trudeau of using the tariff dispute as a way to cling to power. He suggested that the Canadian prime minister was trying to manipulate the situation to his advantage—an allegation that Trudeau swiftly dismissed as baseless. Trudeau responded by calling Trump’s tariffs an unnecessary and reckless trade war against Canada, emphasizing that his government’s actions are purely about defending national interests.
The economic stakes are high. Trump's administration has already imposed a hefty 25% tariff on most Canadian imports, with an additional 10% on oil and gas. In response, Canada had announced tariffs on $106 billion worth of U.S. goods, with $21 billion in immediate effect. While Trudeau’s government has now chosen to delay the next wave of countermeasures, the initial tariffs remain firmly in place.
As Trudeau prepares to step down as Liberal leader after his party elects a new successor, speculation is growing about how the next leader will handle relations with Trump. With no official election date set in Canada yet, political analysts suggest that the next Liberal leader may use this trade dispute to rally public support before calling an early election.
For now, Canada remains in a defensive stance, holding its retaliatory measures in reserve while monitoring Trump’s next move. One thing is clear: this trade dispute is far from over, and both countries are bracing for what comes next.
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