The Fort Worth Press - Canada challenges Trump on Tariffs

USD -
AED 3.672499
AFN 66.073567
ALL 82.870557
AMD 381.4977
ANG 1.790055
AOA 916.999821
ARS 1441.4753
AUD 1.505741
AWG 1.80125
AZN 1.733153
BAM 1.678705
BBD 2.013364
BDT 122.282772
BGN 1.67875
BHD 0.376983
BIF 2953.569114
BMD 1
BND 1.294944
BOB 6.907739
BRL 5.342698
BSD 0.999601
BTN 89.876145
BWP 13.280747
BYN 2.873917
BYR 19600
BZD 2.010437
CAD 1.38815
CDF 2229.999833
CHF 0.803965
CLF 0.023435
CLP 919.350363
CNY 7.07165
CNH 7.06997
COP 3805.96
CRC 488.298936
CUC 1
CUP 26.5
CVE 94.627762
CZK 20.788021
DJF 178.006472
DKK 6.413095
DOP 63.979263
DZD 129.960902
EGP 47.561498
ERN 15
ETB 155.051714
EUR 0.858701
FJD 2.26196
FKP 0.748861
GBP 0.749545
GEL 2.707732
GGP 0.748861
GHS 11.370991
GIP 0.748861
GMD 73.000349
GNF 8684.831581
GTQ 7.657084
GYD 209.137648
HKD 7.785415
HNL 26.328145
HRK 6.4661
HTG 130.859652
HUF 327.985502
IDR 16684.25
ILS 3.22337
IMP 0.748861
INR 89.94655
IQD 1309.540669
IRR 42124.999963
ISK 127.770338
JEP 0.748861
JMD 159.999657
JOD 0.708958
JPY 155.330495
KES 129.303563
KGS 87.450404
KHR 4002.334624
KMF 421.999991
KPW 899.993191
KRW 1472.349808
KWD 0.30692
KYD 0.833083
KZT 505.531856
LAK 21676.809119
LBP 89516.767233
LKR 308.334728
LRD 175.938682
LSL 16.941802
LTL 2.95274
LVL 0.60489
LYD 5.434032
MAD 9.231238
MDL 17.00842
MGA 4458.959547
MKD 52.906919
MMK 2099.939583
MNT 3546.502114
MOP 8.016033
MRU 39.863012
MUR 46.070177
MVR 15.409874
MWK 1733.372244
MXN 18.18685
MYR 4.110984
MZN 63.900796
NAD 16.941802
NGN 1450.629832
NIO 36.787647
NOK 10.098385
NPR 143.802277
NZD 1.730535
OMR 0.384493
PAB 0.999682
PEN 3.360156
PGK 4.24115
PHP 58.974994
PKR 280.247111
PLN 3.633165
PYG 6875.152888
QAR 3.643659
RON 4.373102
RSD 100.813002
RUB 77.272376
RWF 1454.419048
SAR 3.753229
SBD 8.223823
SCR 13.511902
SDG 601.503673
SEK 9.407755
SGD 1.29544
SHP 0.750259
SLE 23.000032
SLL 20969.498139
SOS 570.266164
SRD 38.629019
STD 20697.981008
STN 21.02887
SVC 8.745763
SYP 11058.244165
SZL 16.928669
THB 31.8565
TJS 9.171638
TMT 3.5
TND 2.932369
TOP 2.40776
TRY 42.508699
TTD 6.776446
TWD 31.272004
TZS 2434.999856
UAH 41.959408
UGX 3536.283383
UYU 39.096531
UZS 11958.989413
VES 248.585897
VND 26360
VUV 122.070109
WST 2.790151
XAF 563.019389
XAG 0.017073
XAU 0.000236
XCD 2.70255
XCG 1.801608
XDR 0.70002
XOF 562.932418
XPF 102.347136
YER 238.398782
ZAR 16.93566
ZMK 9001.203093
ZMW 23.111058
ZWL 321.999592
  • RYCEF

    0.0500

    14.7

    +0.34%

  • BTI

    -0.9850

    57.055

    -1.73%

  • AZN

    0.1900

    90.22

    +0.21%

  • CMSC

    -0.0100

    23.47

    -0.04%

  • VOD

    -0.1700

    12.463

    -1.36%

  • NGG

    -0.3900

    75.52

    -0.52%

  • RELX

    -0.2000

    40.34

    -0.5%

  • RIO

    -0.1400

    73.59

    -0.19%

  • GSK

    -0.3750

    48.195

    -0.78%

  • BP

    -0.9550

    36.275

    -2.63%

  • SCS

    -0.0500

    16.18

    -0.31%

  • JRI

    0.0140

    13.764

    +0.1%

  • BCC

    -0.6250

    73.635

    -0.85%

  • RBGPF

    0.0000

    78.35

    0%

  • BCE

    0.2200

    23.44

    +0.94%

  • CMSD

    0.0000

    23.32

    0%


Canada challenges Trump on Tariffs




In a bold and unprecedented escalation of tensions between Canada and the United States, Prime Minister Justin Trudeau has launched a vigorous counter-offensive against U.S. President Donald Trump’s imposition of sweeping tariffs on Canadian goods. This retaliatory stance marks a significant shift in the historically amicable relationship between the two North American neighbours, igniting what Trudeau has termed a "trade war" that threatens to disrupt one of the world’s most integrated economic partnerships.

The genesis of this dispute lies in Trump’s decision, enacted on February 1, 2025, to impose a 25 per cent tariff on virtually all Canadian exports to the United States, alongside a 10 per cent levy on Canadian energy products. The White House justified these measures as a response to alleged failures by Canada to curb the flow of fentanyl across the border—a claim Trudeau has dismissed as "completely bogus, completely unjustified, completely false." Official U.S. data supports Canada’s position, revealing that less than 1 per cent of fentanyl intercepted at the U.S. border originates from its northern neighbour.

In response, Trudeau announced retaliatory tariffs on March 4, targeting C$155 billion (approximately US$107 billion) worth of American goods. The first phase, effective immediately, imposes a 25 per cent tariff on C$30 billion of U.S. imports, including consumer staples such as orange juice, peanut butter, and coffee. A second tranche, set to apply to C$125 billion of additional goods—ranging from passenger vehicles to steel products—will take effect within 21 days unless the U.S. reverses its policy. "We don’t want to be here, we didn’t ask for this, but we will not back down in standing up for Canadians," Trudeau declared in a press conference from Parliament Hill.

The Canadian leader has not minced words in his criticism of Trump’s strategy. Addressing the U.S. President directly, Trudeau remarked, "Even though you’re a very smart guy, this is a very dumb thing to do," echoing a Wall Street Journal editorial that branded the tariffs "the dumbest trade war in history." He further accused Trump of pursuing a deliberate agenda to destabilise Canada’s economy, suggesting that the ultimate aim might be to weaken the nation sufficiently to facilitate annexation—a notion Trump has repeatedly floated, mockingly referring to Trudeau as the "governor" of a hypothetical 51st state.

This tariff tit-for-tat has galvanised Canadian resolve across political and regional lines. Ontario Premier Doug Ford, a key figure in Canada’s economic heartland, has vowed to "make sure Americans feel pain," announcing a ban on U.S.-made alcohol in provincial liquor stores and threatening a 25 per cent surcharge on electricity exports to New York, Michigan, and Minnesota if U.S. tariffs persist. Quebec and Ontario have joined the fray by pulling American products from their shelves, while Conservative Leader Pierre Poilievre has urged a "Canada First" approach, advocating dollar-for-dollar retaliation to protect Canadian workers and businesses.

The economic stakes are staggering. Canada exports roughly 75 per cent of its goods to the United States, including C$75 billion in automotive products annually. Economists warn that a protracted trade war could plunge Canada into recession, with the Bank of Canada predicting "severe" and potentially irreversible consequences. Yet the fallout is not unilateral: American consumers face higher prices for groceries, fuel, and vehicles, while U.S. businesses reliant on Canadian materials brace for supply chain disruptions.

Trudeau has sought to rally national unity, urging Canadians to "redouble their efforts" in supporting domestic industries and rejecting American goods. "Canadians are hurt, angry, and frustrated," he acknowledged, pointing to symbolic acts of defiance such as the booing of the U.S. national anthem at sporting events. Yet he remains steadfast: "We are Canadians. We are going to fight, and we are going to win."

Internationally, Canada plans to challenge the tariffs through the World Trade Organization and the U.S.-Mexico-Canada Agreement (USMCA), a pact Trump himself negotiated during his first term. Meanwhile, Trump has doubled down, warning via social media that any Canadian retaliation will be met with "immediate reciprocal tariffs of the same size." This brinkmanship has drawn parallels to a broader global trade conflict, with Mexico and China also imposing countermeasures against U.S. tariffs of 25 per cent and 20 per cent, respectively.

As Trudeau prepares to step down later this month—his Liberal Party set to select a new leader on March 23—he leaves behind a nation galvanised by adversity. His successor will inherit a complex battle, one that tests Canada’s economic resilience and its sovereignty against an unpredictable adversary. For now, the message from Ottawa is clear: Canada will not yield. As Trudeau put it, "This is the time to stand together. Canada remains the best country in the world."