Day Trading Reports
  • Business
  • World News
  • Politics
  • Investing
  • Business
  • World News
  • Politics
  • Investing

Day Trading Reports

Politics

Trump says Canada would have no tariffs as 51st state, as observers brace for trade war

by admin February 3, 2025
February 3, 2025
Trump says Canada would have no tariffs as 51st state, as observers brace for trade war

President Donald Trump repeated his suggestion that Canada become the 51st on Sunday, noting that it would not be subjected to his incoming tariffs should the country join the U.S.

‘We pay hundreds of Billions of Dollars to SUBSIDIZE Canada. Why? There is no reason,’ Trump wrote on TRUTH Social. ‘We don’t need anything they have. We have unlimited Energy, should make our own Cars, and have more Lumber than we can ever use. Without this massive subsidy, Canada ceases to exist as a viable Country. Harsh but true!’ 

‘Therefore, Canada should become our Cherished 51st State,’ Trump added. ‘Much lower taxes, and far better military protection for the people of Canada – AND NO TARIFFS!’ 

Trump has for weeks suggested the United States should take control of Canada through economic pressure.

Citing the flow of illicit drugs across the northern border, Trump signed an order Saturday to implement a 25% tariff on goods entering the United States from Canada. The order, which takes effect Tuesday, also puts a 10% duty on energy or energy resources from Canada. The order states, ‘gang members, smugglers, human traffickers, and illicit drugs of all kinds have poured across our borders and into our communities,’ adding that ‘Canada has played a central role in these challenges, including by failing to devote sufficient attention and resources or meaningfully coordinate with United States law enforcement partners to effectively stem the tide of illicit drugs.’ 

Trump also said he would implement tariffs of 25% on goods from Mexico, as well as 10% on imports from China due to the flow of drugs across U.S. borders.

Canadian Prime Minister Justin Trudeau and Mexican President Claudia Sheinbaum both vowed retaliation on Saturday. 

‘We categorically reject the White House’s slander of the Government of Mexico for having alliances with criminal organizations, as well as any intention to interfere in our territory,’ Sheinbaum said, adding that she instructed her administration officials to implement ‘tariff and non-tariff measures in defense of Mexico’s interests.’ 

Trudeau said Canada would impose 25% tariffs on $155 billion of U.S. goods, including ‘immediate tariffs on $30 billion worth of goods effective Tuesday, followed by further tariffs on $125 billion worth of American products in 21 days.’ 

‘I don’t think we’re not at all interested in escalating, but I think that there will be a very strong demand on our government to make sure that we stand up for the deal that we have struck with the United States,’ Canadian Ambassador to the U.S. Kirsten Hillman told ABC News’ ‘This Week’ on Sunday. 

This post appeared first on FOX NEWS

previous post
Fetterman says RFK Jr confirmation ‘not a slam dunk,’ as Trump HHS nominee shores up support
next post
Israel’s Netanyahu departs for US to meet with Trump, hoping to strengthen ties with Washington

Related Posts

Judicial nominee shuts down ‘wildly inaccurate’ claims that...

June 26, 2025

Mike Johnson undercuts John Thune on Obamacare negotiations...

November 7, 2025

Thune warns Iran should return to negotiating table...

June 18, 2025

Trump taps Colin McDonald for newly-created role of...

January 29, 2026

Trump’s goodwill tested as Putin ignores peace efforts...

April 26, 2025

JD Vance honors his mother at White House...

April 8, 2025

Canadian spy chief warns of alarming rise in...

November 14, 2025

Senate Republican ‘targeted by Communist China’ in $50...

December 17, 2025

Federal judge orders Trump admin to restore public...

February 12, 2025

Clintons agree to testify after House threatens contempt...

February 3, 2026

    Join our mailing list to get access to special deals, promotions, and insider information. Your exclusive benefits await! Enjoy personalized recommendations, first dibs on sales, and members-only content that makes you feel like a true VIP. Sign up now and start saving!


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Editors’ Picks

    • 1

      Mega M&A: Rio Tinto-Glencore Merger Sparks Chatter

      January 28, 2025
    • 2

      Forum Energy Metals and Global Uranium Announce Exploration Update on Drill Targeting, Northwest Athabasca Project, Saskatchewan

      January 31, 2025
    • 3

      Excellent 90% recoveries at Cork Tree Well & Board Update

      February 17, 2025
    • 4

      Rare Earths Stocks: 9 Biggest Companies in 2025

      April 8, 2025
    • 5

      Environmental Approval for Boland Infield Studies & Update on Scaled Column ISR Test

      September 19, 2025
    • 6

      Netflix shares soar as company reports surging revenue, tops 300 million subscribers

      January 23, 2025
    • 7

      Financial Agreement signed releasing $2M grant

      January 23, 2025
    • About us
    • Contacts
    • Privacy Policy
    • Terms and Conditions
    • Email Whitelisting

    Disclaimer: daytradingreports.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.


    Copyright © 2026 daytradingreports.com | All Rights Reserved