Tag: Canada

  • Team USA stars brace for rivaled showdown vs Canada as tensions rise over national anthem controversy

    Team USA stars brace for rivaled showdown vs Canada as tensions rise over national anthem controversy

    Team USA and Team Canada are facing off in international best-on-best hockey at 8 p.m. ET on Saturday in Montreal, and the stakes are high.

    It is the first time in nine years that NHL players will be able to compete in the bitter rivalry, as the NHL stopped allowing players to play in such an event since the 2016 World Cup of Hockey. 

    “I’ve thought about this game for nine years,” Team USA star Matthew Tkachuk said via Sportsnet. 

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    Team USA forward Matthew Tkachuk (19) celebrates his goal against Team Finland in the third period during a 4 Nations Face-Off ice hockey game at Bell Centre.  (David Kirouac-Imagn Images)

    Adding to what is already going to be a hotly contested game on the ice, there is another part of the highly anticipated matchup that fans will be watching: the national anthems. 

    Prior to Team USA’s 6-1 win over Finland on Thursday, which was also in Montreal, the Canadian fans booed during the playing of “The Star-Spangled Banner.”

    “I didn’t like it. That’s all I got,” Tkachuk said postgame of the boos. 

    And Tkachuk played like someone who didn’t like it as he and his brother, Brady Tkachuk, each scored two goals in the win. 

    The Canadian fans would be wise to not give the Tkachuk brothers or Team USA any more reason to be fired up against team Canada on Saturday, 

    “I think it’s going to be the biggest game that I’ve ever played in my career. I’m really looking forward to that. There’s a big buildup to it. USA vs. Canada is bigger than just the guys on the ice,” Brady said postgame. 

    TEAM USA STAR MATTHEW TKACHUK DELIVERS STERN ONE-LINER AFTER CANADIAN FANS BOO DURING AMERICAN NATIONAL ANTHEM

    Brady Tkachuk celebrates

    Team USA forward Brady Tkachuk (7) celebrates his goal against Team Finland in the third period during a 4 Nations Face-Off ice hockey game at Bell Centre.  (David Kirouac-Imagn Images)

    “There’s so many people past, present and down the road [that it affects]. We’ve been talking about this game especially. It’s going to be a long couple days [waiting] until it happens, but it’ll be exciting.”

    Team Canada star and Boston Bruins captain, Brad Marchand, wasn’t happy with the boos from Canadian fans during the national anthem. 

    “They should not be booing the Americans during that anthem. They have nothing to do with the political things that are going on. I do feel bad for those guys in that moment. I don’t think it’s right,” Marchand said via The Athletic. 

    “We respect the anthems; I’ll leave it at that,” Team Canada captain Sidney Crosby said via ESPN. 

    Since President Donald Trump’s threat to issue tariffs on Canada and even saying that the country could become the “51st state,” it has been common for boos to be heard during the USA’s national anthem. 

    CANADIAN HOCKEY FANS BOO TEAM USA PLAYERS, NATIONAL ANTHEM AT 4 NATIONS TOURNAMENT IN MONTREAL

    Team USA during anthem

    Charlie McAvoy, #25, Jake Guentzel, #59, Zach Werenski, #8, Auston Matthews, #34, and Jack Hughes, #86 of Team United States stand at their blueline during the singing of the United States national anthem before the 4 Nations Face-Off game between the United States and Finland at Bell Centre on February 13, 2025, in Montreal, Quebec.  (Vitor Munhoz/4NFO/World Cup of Hockey via Getty Images)

    Both Toronto Raptors and Ottawa Senators fans have booed the USA’s national anthem since the tariffs were set to begin. 

    Trump and Canadian Prime Minister Justin Trudeau spoke via phone last week just before additional 25% tariffs were to take effect on Canadian goods coming into the United States.

    Trudeau said that Canada will implement a $1.3 billion border plan and appoint a fentanyl czar, in a post to X. 

    Trump had promised to impose a 25% tariff on all Canadian and Mexican goods, as well as a 10% tariff on Canadian energy, as he has long said that the countries have not done enough at the borders. 

    With the Canadian crowd now supporting their own team on Saturday, the boos could be thunderous during the United States national anthem. 

    PANTHERS’ MATTHEW TKACHUCK ‘GRATEFUL TO BE AN AMERICAN’ AS TEAM CELEBRATES STANLEY CUP TITLE WITH TRUMP

    Team USA celebrates

    Team USA forward Brady Tkachuk (7) celebrates with his teammates his goal against Team Finland in the third period during a 4 Nations Face-Off ice hockey game at Bell Centre.  (David Kirouac-Imagn Images)

    Team USA forward JT Miller said the booing gets them fired up. 

    “I think we like it. Not politically, but just in the sense of we know where we’re at, in Canada. I think that fires us up more than anything,” Miller said via the NY Post. 

    Team Canada also won their first game of the tournament, a 4-3 overtime thriller on Wednesday. 

    While their national anthem may not be booed, they will certainly be ready to roll for Saturday night. 

    “It’s a big game,” Team Canada superstar Connor McDavid told reporters after practice on Friday. 

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    Sidney Crosby looks on

    Team Canada forward Sidney Crosby (87) prepares for a face-off against Team Sweden in the second period during a 4 Nations Face-Off ice hockey game at Bell Centre.  (David Kirouac-Imagn Images)

    “Playing the Americans in Montreal, best-on-best tournament, it’s what you dream of.”

    In addition to the excitement of NHL players being able to take part in the USA-Canada hockey rivalry, there is a scenario that if Team USA wins, they can clinch a spot in the final in Boston next Thursday night. 

    It’s safe to say both of these teams will be bringing their best on Saturday night. 

    Fox News’ Louis Casano and the Associated Press contributed to this report. 

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  • Canada appoints Kevin Brosseau to serve as fentanyl czar

    Canada appoints Kevin Brosseau to serve as fentanyl czar

    Canada appointed a fentanyl czar on Tuesday in accordance with a deal made with U.S. President Donald Trump to avoid additional tariffs on Canadian imports.

    Prime Minister Justin Trudeau chose Kevin Brosseau, who spent decades with the Royal Canadian Mounted Police, for the position aimed at working with the U.S. to “detect, disrupt and dismantle” the fentanyl trade. His appointment is effective immediately.

    Brosseau has extensive law enforcement experience, having served as deputy commissioner and the commanding officer in Manitoba during his career as a Mountie. He most recently worked with Trudeau as his deputy national security and intelligence advisor.

    “Mr. Brosseau navigated Canada’s most sensitive security challenges. His demonstrated expertise tackling drug trafficking, organized crime networks, and other national security threats will bring tremendous value to this position,” Trudeau said in his announcement.

    TRUMP AGREES TO PAUSE TARIFFS ON CANADA IN EXCHANGE FOR MORE BORDER ENFORCEMENT

    Canadian Prime Minister Justin Trudeau appointed former Mountie Kevin Brosseau to serve as the country’s fentanyl czar. (Kevin Brosseau / X)

    Brosseau’s appointment comes days after Trump threatened to impose an additional 25% tariff on Canadian imports, citing the flow of illegal aliens and drugs, such as fentanyl, across the northern border.

    Trump agreed to a 30-day pause on the tariffs in order to assess Canada’s response to his demands, which revolved around creating a stronger border.

    In addition to appointing a fentanyl czar, Trudeau said the country will implement a $1.3 billion border plan that utilizes Black Hawk helicopters, drones, mobile surveillance towers and nearly 10,000 frontline personnel to protect the U.S.-Canada border.

    Trucks cross at US-Canada border

    Canada is implementing a border plan worth $1.3 billion to bolster law enforcement’s presence and crackdown on the fentanyl discovered at entry points. (Cole Burston/Bloomberg via Getty Images)

    He also said organized crime cartels will be listed as terrorist entities in order to enforce criminal investigations in Canada.

    TRUDEAU SAYS TRUMP IS SERIOUS ABOUT CANADA BECOMING 51ST STATE: REPORTS

    Focusing on fentanyl production and trafficking, Canada will be adding new and expanded detection capacity at border entry points and building a Canadian Drug Analysis Center where authorities will study illegal drug samples to identify where and how they are manufactured.

    “While less than 1% of the fentanyl intercepted at the U.S. border comes from Canada, any amount of fentanyl is too much,” Trudeau said, adding that “fentanyl must be wiped from the face of the Earth, its production must be shut down, and its profiteers must be punished.”

    Donald Trump (L) talks with Canada's Prime Minister Justin Trudeau

    President Donald Trump threatened an additional 25% on Canadian imports if the country didn’t increase security at the northern border. (Nicholas Kamm)

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    While the fentanyl that comes through the northern border is significantly less than what comes from Mexico, U.S. customs agents seized 43 pounds of fentanyl at the Canadian border during the last fiscal year.

    Agents at the U.S.-Mexico border seized 21,100 pounds of fentanyl during the same time period.

  • Trudeau says Trump is serious about Canada becoming 51st state: reports

    Trudeau says Trump is serious about Canada becoming 51st state: reports

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    President Donald Trump has for weeks suggested that Canada become the United States’ 51st state, and while opinion has been divided about whether Trump is serious or merely trolling its neighbor, Prime Minister Justin Trudeau has reportedly said that it’s the former, according to reports.

    In a closed-door meeting with Canadian business and labor leaders, Trudeau reportedly affirmed that Trump’s ambitious aims of annexation are “a real thing.”

    “Mr. Trump has it in mind that the easiest way to do it is absorbing our country and it is a real thing. In my conversations with him on …” Trudeau said before the microphone cut out, according to CBC.

    President Donald Trump and Canadian Prime Minster Justin Trudeau. (Chip Somodevilla/Getty Images, left, CHANDAN KHANNA/AFP via Getty Images, right.)

    TRUMP IMPOSES TARIFFS ON IMPORTS FROM CANADA, MEXICO AND CHINA: ‘NATIONAL EMERGENCY’

    The news media had been asked to leave the room before Trudeau delivered his comments, but CBC and The Toronto Star were able to hear them and record them.

    “I suggest that not only does the Trump administration know how many critical minerals we have, but that may be even why they keep talking about absorbing us and making us the 51st state,” Trudeau added according to people in the room who listened to his comments. “They’re very aware of our resources, of what we have, and they very much want to be able to benefit from those.”

    Gil McGowan, president of the Alberta Federation of Labor, confirmed what Trudeau said in a post on social platform X.

    “Yes, I can confirm that Trudeau said his assessment is that what Trump really wants is not action on fentanyl or immigration or even the trade deficit, what he really wants is to either dominate Canada or take it outright,” McGowan wrote. “Tariffs are a tactic towards that end.”

    Trump first pitched the idea during a dinner at Mar-a-Lago with Trudeau in late November. Trump has also suggested annexing Greenland.

    Canada is home to more than 40 million people and is a founding NATO partner. It is a natural resource-rich nation that provides the U.S. with commodities such as oil.

    Trump has long said Canada – as well as Mexico – has failed to do enough to prevent the flow of illegal migrants and drugs, particularly fentanyl into the U.S. In addition, Trump claims the U.S. has subsidized Canada to the tune of $200 billion annually. 

    Trudeau reacts to US tarriffs

    Canadian Prime Minister Justin Trudeau has reportedly said that President Donald Trump is serious about Canada becoming the United States’ 51st state. (Justin Tang/The Canadian Press via AP)

    CANADA WILL NOT BE ’51ST STATE,’ AMBASSADOR PROTESTS AMID TRUMP TARIFF THREAT

    Last weekend, Trump again repeated his suggestion of absorbing Canada, 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!” 

    But Trump agreed to pause the tariffs for 30 days on Monday after a call with Trudeau, who made some concessions to temporarily stave off the levies. 

    Trudeau said Canada will implement a $1.3 billion border plan and appoint a fentanyl czar. In addition, Canada will reinforce its border with new helicopters, technology, personnel and enhanced coordination with American authorities. He added that nearly 10,000 personnel are and will be working on border protection.

    “We will list cartels as terrorists, ensure 24/7 eyes on the border, launch a Canada-U.S. Joint Strike Force to combat organized crime, fentanyl and money laundering,” Trudeau wrote on X. “I have also signed a new intelligence directive on organized crime and fentanyl and we will be backing it with $200 million.”

    Trump with fist raised

    President Donald Trump has been touting a plan to make Canada the 51st state since November. (ROBERTO SCHMIDT/AFP via Getty Images)

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    The U.S. imports approximately 60% of its crude oil from Canada, with Alberta alone supplying 4.3 million barrels per day. According to the U.S. Energy Information Administration, the U.S. consumes about 20 million barrels a day, while domestically producing about 13.2 million barrels a day. This means about a quarter of the oil the U.S. consumes every day is from Canada.

    Canada is the top export destination for 36 U.S. states. Nearly $2.7 billion worth of goods and services cross the border each day.

    Meanwhile, Canada is home to dozens of minerals considered critical for use in various industries, including for electric car batteries, solar panels, and semiconductors, according to the New York Times. Some commonly recognized examples of critical minerals include lithium, nickel, cobalt, graphite and zinc.

    Fox News’ Danielle Wallace and Louis Casiano, as well as The Associated Press, contributed to this report. 

  • Trump’s tariffs on Mexico and Canada will increase prices for consumers

    Trump’s tariffs on Mexico and Canada will increase prices for consumers

    President Donald Trump’s announcement of tariffs on Mexico and Canada, though delayed for at least one month, could spur a rise in prices paid by consumers for products affected by the tariffs if they’re eventually implemented.

    Trump announced last weekend that 25% tariffs, which are taxes on imported products, would take effect on products from Canada and Mexico effective Feb. 4 – as well as a lower 10% tariff on Canadian energy products. Canada and Mexico threatened retaliatory tariffs in response to Trump’s tariff plans.

    The president reached an agreement with Canada and Mexico to delay the tariffs for at least one month after the two countries announced measures to counter fentanyl smuggling and illegal immigration across the U.S. border.

    While the tariffs on Canada and Mexico are on hold for the time being, their potential implementation in the future leaves open the possibility that American consumers could face higher prices for certain products if they ultimately take effect.

    WHAT’S HAPPENING WITH TRUMP’S TARIFFS ON CHINA, CANADA AND MEXICO?

    President Trump has touted tariffs as a negotiating tool and source of tax revenue. (Photo by Chip Somodevilla/Getty Images / Getty Images)

    “Assuming in the next month or so the tariffs on Mexico and Canada do go into effect, you’ll see prices go higher on a lot of goods,” Dan Savickas, VP of policy and government affairs at the Taxpayers Protection Alliance, told FOX Business.

    Scott Lincicome, VP of general economics and trade policy at the Cato Institute, said in an interview with FOX Business that the “three big areas for potential consumer pain would be food, energy and autos.”

    “On food, we import a ton of fresh seasonal produce as well as beer… meat and a few other things from Mexico,” he explained. “These are perishable items that you can’t stockpile and in the case of avocados, there aren’t really suitable replacements whether in the U.S. or abroad. Given that grocers in the U.S. have very low profit margins, you would inevitably see any sort of tariff on, say, Mexican avocados just passed right on to the consumer – there’s nowhere else for it to go.”

    VOTERS REJECT TRUMP’S TARIFF PUSH; MOST BELIEVE POLICY WILL HURT ECONOMY

    avacado

    Avocadoes are among the products from Mexico that could see price hikes if tariffs take effect. (Camilo Freedman/Bloomberg via Getty Images / Getty Images)

    Lincicome explained that the auto industry is more complex, with suppliers and produce in the U.S., Canada and Mexico comprising the North American auto supply chain. 

    “You apply tariffs on these things and you’re effectively ensuring some sort of substantial cost increase for automotive manufacturers in all three countries and then the question is how much of that gets passed on,” Lincicome explained. “Depending on whom you talk to, it’s anywhere between $1,000 and $6,000 on a new car and again, there’s some amount of that that manufacturers can absorb – of course, with less investment and hiring and output in the process.”

    “We import so much crude oil from Canada and it’s a type of crude oil that we don’t really make in the U.S., it’s a heavy crude. Certain refineries, particularly in the Midwest and the Mountain West, are designed to process that type of crude and they can’t really process the light crude that the U.S. makes cheaply or easily,” he explained.

    TRUMP’S ‘EXTERNAL REVENUE SERVICE’ WILL COLLECT FROM IMPORTERS, NOT ‘FOREIGN SOURCES’

    Belvidere auto assembly

    Tariffs on the interconnected North American auto supply chain could result in higher new car prices. (Michael Tercha/Chicago Tribune/Tribune News Service via Getty Images / Getty Images)

    Lincicome added that there would likely be some price increases on appliances like washing machines, dishwashers and air conditioners that are made in the three countries.

    Other products that Savickas noted could see price increases due to the tariffs include lumber and associated products given the volume of Canadian lumber imported by the U.S., as well as tomato products from Mexico.

    Brandon Parsons, an economist at Pepperdine University’s Graziadio Business School, told FOX Business that his research suggested the consumer price index (CPI), a popular inflation gauge, could rise by 1.3 percentage points if tariffs are implemented. 

    Given that CPI was 2.9% in December, it could push inflation above 4% – a level which is double the Federal Reserve’s target. Parsons said that for the average household, that 1.3% increase in the CPI would likely increase expenses by about $1,000 and those expenses could rise relatively quickly in some cases.

    “Assuming that these tariffs go through in a month, I would expect prices on groceries to go up relatively soon,” Parsons explained. “Certain products like an avocado, it could be a couple of weeks possibly, maybe even sooner in other cases.”

    TRUMP TARIFFS PROMPT WARNINGS FROM TRADE GROUPS

    gas pump

    Gas prices could rise if tariffs are imposed on Canadian crude oil imports. (Sven Hoppe/picture alliance via Getty Images / Getty Images)

    With respect to energy prices, Parsons said his research showed that gas prices could rise by 70 cents as a result of the tariffs on Canadian crude oil, even with the carve out of a lower tariff rate of 10%. He added that retaliation between the U.S. and Canada could push that increase even higher.

    Alex Durante, senior economist at the Tax Foundation, told FOX Business that, “Since these tariffs are targeting a wider variety of goods, like agriculture for instance, firms will have fewer margins of adjustment, so consumers will ultimately be bearing the burden in terms of higher prices.”

    Durante added that the U.S. could be seen as a less credible trading partner in the future given the tariff threats against Canada and Mexico – two of America’s largest trading partners who are party to the U.S.-Mexico-Canada Agreement (USMCA) that Trump negotiated during his first term.

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    “The U.S. also stands to lose further credibility, because when we signed the USMCA, part of that is a commitment to not impose tariffs in violation of that agreement,” he explained. “So on the whole, not only will our economy be worse off because of the tariffs, but I think the U.S. will have more difficulty negotiating free trade agreements in the future.”

  • Trump tariffs on China, Canada and Mexico: Where things stand and what’s next

    Trump tariffs on China, Canada and Mexico: Where things stand and what’s next

    President Donald Trump’s tariffs on China took effect on Tuesday ahead of a call with Chinese President Xi Jinping, while the tariff fight with Canada and Mexico is on hold for at least a month.

    Trump on Saturday signed three executive orders to impose tariffs on China, Canada and Mexico, respectively, that were to take effect on Feb. 4. 

    Each of the orders cited presidential authority under emergency declarations to impose tariffs on those countries over what the president called their failure to block fentanyl shipments across the U.S. border. The orders also called for Canada and Mexico to curb illegal immigration into the U.S. 

    The president held calls with Canadian Prime Minister Justin Trudeau and Mexican President Claudia Sheinbaum on Monday and later announced that the implementation of the tariffs would be delayed for at least one month due to commitments made on border security.

    VOTERS REJECT TRUMP’S TARIFF PUSH; MOST BELIEVE POLICY WILL HURT ECONOMY

    President Donald Trump’s tariffs prompted retaliation by China, while deals with Canada and Mexico paused tariffs for at least one month. (Photo by Joe Raedle/Getty Images / Getty Images)

    Here’s a look at where things stand in Trump’s tariff dispute with China, Canada and Mexico.

    China

    The executive order Trump signed on Feb. 1 imposed a 10% tariff on products imported from China and also suggested that the president could increase or expand tariffs if the Chinese government retaliates. Those tariffs took effect on Feb. 4.

    China responded with retaliatory tariffs of 15% on coal and liquefied natural gas and 10% on crude oil, agricultural equipment and large-engine cars imported from the U.S. that will take effect on Feb. 10. 

    China Xi Jinping

    Chinese President Xi Jinping retaliated with tariffs and other measures in response to Trump’s levies. (Noel Celis – Pool/Getty Images / Getty Images)

    HOW TRUMP’S TARIFFS CLOSED THE LOOPHOLE USED BY CHINESE RETAILERS

    It will also impose export controls on certain rare earth minerals and metals used in advanced technology and clean energy products.

    Additionally, the Chinese government launched an anti-monopoly investigation into Alphabet, the parent company of Google, and added biotechnology firm Illumina and PVH Corp., the holding company for brands including Calvin Klein, to its “unreliable entities list.”

    Ticker Security Last Change Change %
    PVH PVH CORP. 83.32 -6.28 -7.01%
    ILMN ILLUMINA INC. 123.24 -7.86 -6.00%
    GOOGL ALPHABET INC. 201.23 -2.79 -1.37%

    Trump and Xi are expected to hold a call on Tuesday.

    CHINA RESPONDS WITH TARIFFS ON US GOODS AFTER TRUMP’S TARIFFS ON CHINESE IMPORTS TAKE EFFECT

    Canada

    Trump’s Feb. 1 executive order imposed a 25% tariff on imported goods from Canada, as well as a lower 10% tariff on Canadian energy products, that would take effect on Feb. 4.

    Canada retaliated by announcing it would impose retaliatory 25% tariffs on U.S. exports, including on beer, wine, bourbon, fruits and fruit juices, apparel, sports equipment and household appliances. Trudeau added Canada was considering non-tariff measures related to critical minerals, energy and other partnerships.

    Justin Trudeau

    Canadian Prime Minister Justin Trudeau reached a deal with President Trump to delay tariffs by one month. (Kamara Morozuk/Bloomberg via Getty Images / Getty Images)

    TRUMP TARIFFS PROMPT WARNINGS FROM TRADE GROUPS

    Trump and Trudeau spoke on Monday and announced a one-month delay in tariffs. Trudeau signaled that Canada will deploy 10,000 personnel to help secure the country’s border with the U.S., as well as implement a previously announced $1.3 billion border plan.

    After the two governments announced the agreement, Trump signed an executive order pausing the tariffs until March 4. The order noted that Trump can impose the paused tariffs “if the illegal migration and illicit drug crises worsen, and if the Government of Canada fails to take sufficient steps to alleviate these crises.”

    Mexico

    Trump’s executive order on Feb. 1 imposed a 25% tariff on products imported from Mexico. Mexico’s government vowed to retaliate with its own tariffs and non-tariff measures, though Sheinbaum didn’t reveal which products or activities would be targeted.

    Mexican President Claudia Sheinbaum and President-elect Trump

    Mexican President Claudia Sheinbaum and President Donald Trump reached an agreement to delay tariffs by at least one month. (Emmanuel Rosas/ObturadorMX/Getty Images, left, and Allison Robbert-Pool/Getty Images, right. / Getty Images)

    Trump and Sheinbaum spoke on Monday and reached an agreement to pause tariffs that would see Mexico deploy 10,000 members of its National Guard to the border to prevent drug trafficking and illegal immigration, while the Mexican president said the U.S. would work to prevent firearms smuggling into Mexico. The Mexican government has previously announced similar deployments to the border for security purposes.

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    Trump also signed an executive order pausing the tariffs until March 4, as he did in response to the Canada agreement, that contained an identical warning about the tariffs being imposed if there is insufficient progress on border security.

  • Auto groups react to Trump tariffs on imports from Canada, Mexico, China

    Auto groups react to Trump tariffs on imports from Canada, Mexico, China

    President Donald Trump over the weekend announced planned tariffs on imports from Canada, Mexico and China that could affect automakers. 

    Trump’s executive order sought to bring a 25% tariff on imports from Canada and Mexico and a 10% levy on imports from China starting Tuesday. 

    Trump said on Monday he will pause tariffs on Mexico for one month after the country’s president, Claudia Sheinbaum, agreed to deploy 10,000 troops to the U.S.-Mexico border. Trump said Secretary of State Marco Rubio, Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick will negotiate with high-level representatives of Mexico.

    President Donald Trump said on Monday he will pause tariffs on Mexico for one month after Mexican President Claudia Sheinbaum agreed to deploy 10,000 troops to the U.S.-Mexico border. (Emmanuel Rosas/ObturadorMX/Getty Images | Allison Robbert-Pool/Getty Images / Getty Images)

    STOCKS SINK MONDAY AFTER TRUMP’S TARIFFS ON CANADA, MEXICO AND CHINA

    What Automakers are Saying

    Matt Blunt, the president of the American Automotive Policy Council whose members include Ford, General Motors and Stellantis, said Monday in a statement to FOX Business that the association “continue[s] to believe that vehicles and parts that meet the [United States-Mexico-Canada Agreement’s] USMCA’s stringent domestic and regional content requirements should be exempt from the tariff increase.”

    “Our American automakers, who invested billions in the U.S. to meet these requirements, should not have their competitiveness undermined by tariffs that will raise the cost of building vehicles in the United States and stymie investment in the American workforce,” he added.

    GM worker in plant

    A General Motors worker is shown on the assembly line at the General Motors Lansing Delta Township Assembly Plant on Feb. 21, 2020 in Lansing, Michigan. (Bill Pugliano/Getty Images / Getty Images)

    The Alliance for Automotive Innovation did not return FOX Business’ request for comment. Toyota declined to comment.

    CHINA THREATENS TO RETALIATE AGAINST TRUMP TARIFFS

    Autos Drive America counts a dozen international automakers among its members, including Honda, BMW, Hyundai, Mazda, Mercedes-Benz, Nissan, Volkswagen and others. 

    Honda dealership with cars lined up

    Vehicles for sale at an AutoNation Honda dealership in Fremont, California, on June 24, 2024. (David Paul Morris/Bloomberg via Getty Images / Getty Images)

    “The North American auto industry is highly integrated and the imposition of tariffs will be detrimental to American jobs, investment, and consumers,” Autos Drive America CEO Jennifer Safavian said Saturday in a press release, arguing they “undermine” the USMCA. 

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    “We urge all parties to reach a swift resolution in order to provide clarity and stability for the entire U.S. auto industry,” she said. “U.S. automakers would be better served by policies that reduce barriers for manufacturers, ease regulations that hinder production, and create greater export opportunities – policies that we look forward to working with President Trump to enact.”

  • Trump defends tariffs, accuses Canada of being ‘very abusive of the United States’

    Trump defends tariffs, accuses Canada of being ‘very abusive of the United States’

    President Donald Trump defended his recent tariffs against Canada, Mexico and China while speaking to reporters at Joint Base Andrews on Sunday night.

    The tariffs, which were authorized in an executive order on Saturday, will go into effect Tuesday. Under the International Emergency Economic Powers Act (IEEPA), a 25% additional tariff will be levied on imports from Canada and Mexico and a 10% tariff on imports from China.

    During his exchange with reporters, Trump accused Canada of being “abusive” towards the U.S.

    “Canada has been very abusive of the United States for many years. They don’t allow our banks,” Trump claimed. “And you know that Canada does not allow banks to go in, if you think about it. That’s pretty amazing if we have a U.S. bank. They don’t allow them to go in.”

    TRUMP IMPOSES TARIFFS ON IMPORTS FROM CANADA, MEXICO AND CHINA: ‘NATIONAL EMERGENCY’

    President Donald Trump said Canada has not been fair to the United States. (Jabin Botsford/The Washington Post via Getty Images)

    RNC CHAIR, AFTER CRUISING TO RE-ELECTION, VOWS TO BE ‘TIP OF SPEAR’ TO PROTECT TRUMP

    “Canada has been very tough for oil on energy. They don’t allow our farm products in, essentially. They don’t allow a lot of things in. And we allow everything to come in as being a one way street. 

    Trump also said that the U.S. subsidizes Canada “by the tune of about $200 billion a year.”

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    “And for what? What do we get out of it? We don’t get anything out of it. I love the people of Canada. I disagree with the leadership of Canada and something is going to happen there.”

  • Raptors fans boo ‘Star-Spangled Banner’ in latest anti-American display in Canada after Trump’s tariffs

    Raptors fans boo ‘Star-Spangled Banner’ in latest anti-American display in Canada after Trump’s tariffs

    “The Star-Spangled Banner” was once again booed in Canada ahead of a sporting event.

    The latest anti-American display took place at the Scotiabank Arena before the Toronto Raptors took on the Los Angeles Clippers. Fans booed the American national anthem as a 15-year-old female sang it. A mix of boos and cheers were heard before she received a resounding applause for the Canadian national anthem, “O, Canada.”

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    Raptors forwards, from left, Bruce Brown, Scottie Barnes and Chris Boucher react as fans boo the U.S. national anthem before the Los Angeles Clippers game in Toronto, Sunday, Feb. 2, 2025. (Frank Gunn/The Canadian Press via AP)

    The theme of Canadians booing the American anthem began Saturday night as the Ottawa Senators and the Calgary Flames hosted NHL games. 

    The boos seemingly occurred as President Donald Trump followed through on his promise to place tariffs of 25% on imports from Canada and Mexico and 10% on imports from China. Any energy resources from Canada would be hit at a 10% rate.

    In a statement obtained by Fox News Saturday, the Trump administration said the order is in response to an “extraordinary threat posed by illegal aliens and drugs, including deadly fentanyl, (that) constitutes a national emergency.”

    OTTAWA SENATORS FANS BOO USA NATIONAL ANTHEM AFTER TRUMP ISSUES TARIFFS

    Maple leaf at Scotiabank Arena

    Canada’s maple leaf logo at center court before a game between the Washington Wizards and Raptors at Scotiabank Arena in Toronto, Oct. 20, 2023. (John E. Sokolowski-USA Today Sports)

    Ahead of Prime Minister Justin Trudeau announcing his resignation, Trump said he would “love” if Canada could become the “51st state.”

    Trudeau has since lamented the tariffs that the Trump administration has levied.

    In a fact sheet released by the White House on Saturday, the U.S. is implementing tariffs against Canada, Mexico and China to hold them accountable “to their promises of halting illegal immigration and stopping poisonous fentanyl and other drugs from flowing into our country.” This “extraordinary threat,” the White House said, “constitutes a national emergency under the International Emergency Economic Powers Act.”

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    Ottawa Senators fans

    The national anthems are sung at Canadian Tire Centre before the NHL game between the Ottawa Senators and the Los Angeles Kings on Oct. 14, 2024, in Ottawa, Canada. (André Ringuette/NHLI via Getty Images)

    However, Trudeau claimed that “less than 1% of fentanyl and less than one% illegal crossings into the United States come from Canada.”

    FOX Business’ Christopher Guly and the Associated Press contributed to this report.

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  • Trump offers way for Canada to avoid tariffs: ‘Become our Cherished 51st State’

    Trump offers way for Canada to avoid tariffs: ‘Become our Cherished 51st State’

    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.

    TRUMP IMPOSES TARIFFS ON IMPORTS FROM CANADA, MEXICO AND CHINA: ‘NATIONAL EMERGENCY’

    President Donald Trump speaks to reporters as he signs executive orders in the Oval Office of the White House, Friday, Jan. 31, 2025. (AP Photo/Evan Vucci)

    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.

    Trudeau reacts to US tarriffs

    Canadian Prime Minister Justin Trudeau addresses media members after President Donald Trump signed an order to impose stiff tariffs on imports from Mexico, Canada and China, in Ottawa, Saturday, Feb. 1, 2025. (Justin Tang/The Canadian Press via AP)

    AMERICAN GAS ASSOCIATION REACTS TO TRUMP ANNOUNCEMENT OF ENERGY TARIFFS ON CANADA, MEXICO

    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.” 

    Leavitt briefing room

    Press secretary Karoline Leavitt speaks during a briefing at the White House, Friday, Jan. 31, 2025. (AP Photo/Evan Vucci)

    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.” 

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    “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. 

  • Canada punches back against Trump with major tariffs of its own as trade war set to begin on Tuesday

    Canada punches back against Trump with major tariffs of its own as trade war set to begin on Tuesday

    OTTAWA – Canada is responding to President Donald Trump’s 25% tariffs imposed on Saturday against its northern neighbor with its own major retaliatory measures, Canadian Prime Minister Justin Trudeau announced late Saturday night.

    As of Tuesday, when the U.S. tariffs take effect, Canada will impose 25% duties on about $21 billion of American goods with a further $86 billion to follow within 21 days to allow Canadian companies and supply chains to find alternatives, Trudeau told reporters at a news conference on Parliament Hill in Ottawa, surrounded by his foreign affairs, finance and public safety ministers.

    He said the Canadian tariffs on U.S. imports will cover a “far-reaching” range of products, including American beer, wine, bourbon, fruits and fruit juices, vegetables, clothing, shoes, household appliances, furniture, sports equipment, lumber, plastics, “along with much, much more.”

    In Trump’s executive order issued on Saturday, Canadian energy resources will face a lower 10% tariff.

    TRUMP IMPOSES TARIFFS ON IMPORTS FROM CANADA, MEXICO AND CHINA: ‘NATIONAL EMERGENCY’

    Prime Minister Justin Trudeau speaks during a press conference while responding to President Donald Trump’s orders to impose 25% tariffs on Canadian imports, in Ottawa, Feb. 1, 2025. (Reuters/Patrick Doyle)

    Trudeau said several non-tariff measures are also on the table, such as exports on critical minerals, energy and government procurement, and added that “now is also the time to choose Canada,” such as buying Canadian-made products “and “opting for Canadian rye over Kentucky bourbon, or foregoing Florida orange juice all together.”

    “The actions taken today by the Trump White House split us apart instead of bringing us together,” said Trudeau, who noted that he has not talked with Trump since his inauguration as president.

    However, the president’s executive order cautioned that “should Canada retaliate” with its own import duties on U.S. exports, Trump “may increase or expand in scope the duties imposed” on Canadian exports. 

    In a fact sheet released by the White House on Saturday, the U.S. is implementing tariffs against Canada, Mexico and China to hold them accountable “to their promises of halting illegal immigration and stopping poisonous fentanyl and other drugs from flowing into our country.” This “extraordinary threat,” the White House said, “constitutes a national emergency under the International Emergency Economic Powers Act.” 

    However, Trudeau claimed that “less than 1% of fentanyl and less than one% illegal crossings into the United States come from Canada.”

    During the 2024 fiscal year – from Oct. 1, 2023, to Sept. 30, 2024 – U.S. Customs and Border Protection reported that it seized just 43 pounds of fentanyl at the northern border with Canada compared to 21,100 pounds of the opioid seized at the southwestern border with Mexico.

    Trump’s executive order acknowledged that “much less fentanyl [flowed] from Canada than from Mexico last year, but “the amount that crossed the northern border could kill 9.5 million Americans.”

    TRUMP’S TARIFFS TAKE EFFECT SATURDAY: WHAT TO KNOW

    trudeau trump

    President Donald Trump and Canadian Prime Minister Justin Trudeau attend the NATO summit on Dec. 4, 2019, in Watford, England. (Dan Kitwood / Getty Images)

    Last December, the Canadian government unveiled an $895 million plan to strengthen border security, including a strategy to “detecting and disrupting the fentanyl trade.”

    Canadian conservative leaders joined Trudeau in calling for a swift and severe response to the tariffs.

    In a statement released on Saturday, Official Opposition Conservative Leader Pierre Poilievre “condemn[ed] President Trump’s massive, unjust and unjustified tariffs” and said that Canada should “retaliate with dollar-for-dollar tariffs carefully aimed at maximizing impact on American companies while minimizing impact on Canadian consumers.” 

    “That means targeting U.S. products that we can make ourselves, buy elsewhere or do without,” said Poilievre, whose Conservatives are leading in public-opinion polls and are poised to form the next Canadian government in a general election expected as early as this spring.

    Doug Ford is in his own election campaign to keep his Progressive Conservatives in power in Canada’s most populous province, Ontario, and has made the fight against the Trump tariffs a central theme.

    “President Trump has chosen to move forward with tariffs that will only hurt America and make Americans poorer. Canada now has no choice but to hit back and hit back hard,” said Ontario’s premier in an X post on Saturday.

    The Canadian government needs to “pursue every legal route to challenge these unfair, unjustified and illegal tariffs,” said Ford. “The coming days and weeks will be incredibly difficult.”

    CANADA READY FOR TRUMP TARIFF FIGHT AS COUNTRY’S LEADERS THREATEN RETALIATION: ‘DOLLAR-FOR-DOLLAR’

    Canada USA Flags

    Vehicles cross the Blue Water Bridge over the St. Claire River to Port Huron, Michigan from Sarnia, Canada, on March 18, 2020. (Jeff Kowalsky/AFP via / Getty Images)

    David Eby, premier of British Columbia, announced on Saturday that he directed B.C.’s liquor distribution agency to stop buying liquor from red Republican states and “remove the top-selling ‘red-state’ brands from the shelves of public liquor stores.”

    Reaction to the Trump tariffs extended beyond politicians.

    Hockey fans at the Ottawa Senators’ home game against the Minnesota Wild Saturday night booed the singing of “The Star-Spangled Banner” to express their displeasure.

    Charlie Angus, a member of Parliament who represents a northern Ontario district – larger in geographic size than the United Kingdom – in the House of Commons for the progressive New Democratic Party, told FOX Business that the Trudeau Liberal government can expect from Canadians to have “pretty strong backing to go the whole distance” in countering the Trump tariffs.

    “People are seriously p—ed,” said Angus, co-founder of Pledge for Canada, a nonpartisan group of leaders from politics, labor and the arts strongly opposed to “threats of economic coercion” and “serious risks” to Canadian sovereignty in response to the U.S. tariffs and the president’s musings about annexing Canada

    “He’s actually unifying us across a whole whack of different groups that would normally be fighting among ourselves,” he said.

    “We’re dealing with not only the threat of tariffs but vicious insults against our right to even exist as a nation. This is not anything we’ve ever seen before.”

    Angus said the U.S. duties against Canada will have a “brutally devastating impact” on both sides of the border.

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    Toronto skyline

    A view of Toronto skyline from Riverdale Park during sunset in Ontario, Canada, on March 28, 2024. (Mert Alper Dervis/Anadolu via / Getty Images)

    During the first three quarters of 2024, $683 billion in goods and services crossed the Canada-U.S. border, according to a recent report from TD Economics.

    In an analysis released last November on Trump’s 25% tariff threat against Canada, the Canadian Chamber of Commerce said the economic fallout would result in the shrinking of the U.S. gross domestic product (GDP) by 1.6%, or about $467 billion, and a reduction in Canada’s GDP by 2.6%, or about $54 billion.