Dark Mode
Blogs
Canadian Prime Minister Justin Trudeau has condemned Donald Trump’s new 25% tariffs on Canadian and Mexican imports, calling them a “very dumb thing to do” and vowing a “relentless fight” to protect Canada’s economy. In response, Canada announced retaliatory tariffs on $107 billion worth of U.S. goods, with additional measures set to take effect in three weeks. Trudeau accused Trump of trying to “collapse” Canada’s economy for potential annexation, stating that Canada “will never be the 51st state.”
Trump defended the tariffs as a move to protect U.S. jobs and combat illegal migration and drug trafficking, but Trudeau dismissed fentanyl-related claims as baseless. Mexican President Claudia Sheinbaum also rejected the tariffs and promised countermeasures.
Experts warn that the trade war could drive up prices, threaten North American supply chains—especially in the auto industry—and lead to job losses. Ontario Premier Doug Ford has suggested cutting electricity exports to U.S. states and banning U.S. companies from provincial contracts, while Canada is also removing U.S.-made liquor from stores.
China, also hit with a tariff increase to 20%, has pledged to fight back, escalating global trade tensions.
Did you like this article?
Did you like this article?
After years of relentless increases, Toronto renters are finally getting a breather. According to the latest February 2026 report from Rentals.ca, average asking rents in Toronto have fallen to their lowest levels in nearly four years. Across Canada, rents declined...
Inter Miami CF has officially reached the top of Major League Soccer’s financial mountain. According to a new valuation report from Sportico, the Herons are now worth $1.45 billion, making them the most valuable franchise in MLS. That figure represents a 22% jump from...
Fresh off a history-making Super Bowl halftime performance and multiple Grammy wins, Bad Bunny has renewed his publishing agreement with Rimas Publishing, extending one of the most impactful creative partnerships in modern Latin music. The renewal signals more than...
After years of relentless increases, Toronto renters are finally getting a breather. According to the latest February 2026 report from Rentals.ca, average asking rents in Toronto have fallen to...
The world’s largest pencil maker, Faber-Castell, has accused the Costa Rican government of violating the terms of a humanitarian donation by allegedly using a former factory site to detain asylum...
Mexico’s government says that almost half of the high-powered .50-caliber ammunition seized from drug cartels over the past decade can be traced back to a U.S. government-owned factory. According to...
0 Comments