Tag: retaliation

  • Canadian lawmaker wants to target Elon Musk in retaliation to Trump’s tariffs

    Canadian lawmaker wants to target Elon Musk in retaliation to Trump’s tariffs

    Canadian lawmaker Jagmeet Singh proposed that Canada should “fight back” towards President Donald Trump and Tesla founder Elon Musk with new tariffs targeted at the Tesla founder.

    Trump told reporters on Monday that he would soon announce 25% tariffs on all aluminum and steel imports into the U.S. and also plans to announce “reciprocal tariffs” – or tariffs directed at countries that impose duties on U.S. exports. 

    “Very simply, if they charge us, we charge them,” Trump said to reporters. “If they are charging us 130%, and we’re charging them nothing, it’s not going to stay that way.” 

    “Every country will be reciprocal,” he added.

    Canada’s NDP Leader Jagmeet Singh warned President Donald Trump and Tesla-founder Elon Musk that Canada will respond to tariffs with tariffs of their own. (CNN)

    MEXICO AGREES TO DEPLOY 10,000 TROOPS TO US BORDER IN EXCHANGE FOR TARIFF PAUSE

    Trump’s announcement ruffled feathers in Canada, causing the New Democratic Party leader to single out Musk.

    “Elon Musk has been very loud. Very vocal attacking our country. We’re not going to let that stand. So if you are going to take a shot at us, we’re going to fight back,” Singh told reporters. “So Elon Musk thinks he can tweet off whatever he wants. Yeah, we’re going to put a tariff on him. I want that to be something that impacts him.”

    CNN host Boris Sanchez spoke to Singh on Monday, asking about how Canadians feel about Trump’s talk of bringing Canada in as the 51st state. Singh noted that Canadians are known for being polite, but warned, “don‘t take our kindness for weakness” and said “hell no” to the proposal.

    When asked about how he might approach Trump differently than current Prime Minister Justin Trudeau, Singh argued that he would “fight back” against economic “bully” tactics.

    “I believe in being good neighbors and having good relationships, but I believe very firmly Donald Trump only understands force. He‘s acted as a bully in many circumstances, and now he‘s acting as an economic bully. The only language that bullies understand is the language of strength. So we have to show that we‘re ready to fight back,” Singh replied. “We might be smaller. We might be up against a larger opponent, but it‘s going to hurt both of us. It‘s a bad thing to do. It‘s going to hurt Americans. It‘s going to hurt Canadians. We need to show that it‘s the wrong thing to do, and also show that we‘re ready to fight back and defend what we have.”

    trudeau trump

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

    PALANTIR CEO TOUTS ELON MUSK’S DOGE, ABILITY TO HOLD ‘SACRED COW OF THE DEEP STATE’ ACCOUNTABLE

    He added how he would do “dollar-for-dollar retaliatory tariffs” and that Trump had started this fight. Included in his plan to hit back, would be to target Musk specifically, because of his comments about Canada becoming the 51st state. 

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    “We just announced today what I would do is put in place a 100% tariff on Tesla, directly targeting Elon Musk. Elon Musk is proudly touting this idea of the 51st state, so let‘s hit back at Elon Musk,” Singh argued. “I‘ve also said we should shut down the supply of critical minerals. Another move that directly targets Elon Musk and his Tesla company, the batteries that he needs require these critical minerals. We‘ve got tools, and we should be ready to use them.”

    He added, “It’s not something that we wanted to do, but if Donald Trump wants to bring this fight, know that we are ready. I’m putting Donald Trump on notice.”

  • Canada ready for Trump tariff fight as country’s leaders threaten retaliation: ‘dollar-for-dollar’

    Canada ready for Trump tariff fight as country’s leaders threaten retaliation: ‘dollar-for-dollar’

    OTTAWA — On his first day of office as the 47th President, Donald Trump put Canadian leaders in panic mode that evening while signing executive orders in the Oval Office of the White House in the presence of journalists.

    Responding to reporters’ questions, Trump reiterated his plan to slap a 25% tariff on both Mexico and Canada “because they’re allowing vast numbers of people… and fentanyl to come in,” and said, “I think we’ll do it on Feb. 1.”

    Trump signed the executive order called the America First Trade Policy that includes a provision to “assess the unlawful migration and fentanyl flows” from Canada, Mexico and China “and recommend appropriate trade and national security measures to resolve that emergency” by April 1.

    Whether the tariffs come next week or in the spring, Canadian leaders are ready to retaliate.

    CANADA READIES TRUMP TARIFFS RESPONSE: ‘IN A TRADE WAR, THERE ARE NO WINNERS’

    President Donald Trump signs a series of executive orders at the White House in Washington, D.C., on Monday. (Jabin Botsford /The Washington Post via Getty Images / Getty Images)

    “Two things will happen,” outgoing Liberal Prime Minister Justin Trudeau told reporters on Parliament Hill in Ottawa on Thursday about Trump’s tariff threat. 

    “One, Canada will have a strong, robust response,” he said. “And two, prices for American consumers on just about everything will go up, and we don’t think he wants that.”

    Trudeau, who leaves office on March 9 when his successor as Liberal Party leader and prime minister is named, also addressed Trump’s border beef with Canada.

    He said that less than 1% of both illegal drugs and migrants enter the U.S. from Canada, noting that his government invested about $904 million to strengthen border security and Canada’s immigration system.

    Canadian government officials have drafted a plan to impose counter-tariffs worth about $26 billion on the U.S. if the Trump administration proceeds with his tariff measures.

    Canada’s response will be “dollar-for-dollar, tariff-for-tariff,” Doug Ford, premier of Canada’s most populous province of Ontario, said in an interview.

    President Donald Trump, left, and Canadian Prime Minister Justin Trudeau participate in a bilateral meeting at the G-7 summit in Biarritz, France, on Aug. 25, 2019. (AP Photo/Andrew Harnik)

    Had Trump imposed the tariffs against Canada on his Jan. 20 return to the White House, the Canadian government reportedly was ready to tack on tariffs to several U.S. products, such as orange juice from the president’s state of residence, Florida, and bourbon from Kentucky, home to Republican Sens. Mitch McConnell and Rand Paul.

    In Ontario, Ford ordered the province’s Liquor Control Board to clear the shelves of U.S. alcohol should the tariffs arrive.

    At a Friday news conference, the premier said that he would call an election next week that would send Ontarians to the polls on Feb. 27. Ford seeks “a strong mandate” to “fight against Donald Trump’s tariffs” and his “attack” against the province’s families, businesses and communities.

    ENERGY EXPERTS WEIGH IN AFTER CANADIAN PREMIER SAYS SHE WANTS TO DISCUSS KEYSTONE PIPELINE 2.0 WITH TRUMP

    Canada USA Flags

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

    Ford has two trips planned to Washington, D.C., next month.

    On Wednesday, he and his fellow provincial and territorial premiers held a virtual meeting with Trudeau in which an informal “Buy Canadian” campaign was discussed to promote homegrown rather than American-made products.

    At a news conference on the day before, David Eby, premier of the western Canadian province of British Columbia, went even further in responding to the arrival of “catastrophic” tariffs coming from south of the border. 

    “We will not spend money in a country that wants to do economic harm to Canadians,” he said.

    However, in Trump’s view, it’s the other way around.

    In a virtual address to the World Economic Forum in Davos, Switzerland, on Thursday, Trump said the U.S. has between a $200 billion and $250 billion trade deficit with Canada. “We don’t need their gas,” he said of the country.

    According to a TD Economics report released this month, the U.S. is on track to record a trade deficit with Canada of $45 billion, all of which involved Canadian energy exports to the U.S.

    Flight landing at Toronto airport

    An Air Canada airplane flies in front of the downtown Toronto skyline and CN Tower as it lands at Pearson International Airport on Dec. 10, 2023. (Gary Hershorn/Getty Images / Getty Images)

    “If you take energy off the table, the U.S. has a surplus when it comes to trade,” said Ford, who spent 20 years working in the U.S. through a family business and who has a family home in Florida.

    On the U.S. podcast “Standpoint,” former Canadian Conservative prime minister Stephen Harper said that “it’s actually Canada that subsidizes the United States in this regard” and “maybe Canadians,” he offered, “should be looking at selling their oil and gas to other people.”

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    Hartford, Connecticut-born Canadian Green Party Leader Elizabeth May — who earlier this month joked that Canada could welcome the states of Washington, Oregon and California in response to Trump’s musings about annexing Canada as the 51st state — believes the president has inadvertently promoted Canadian unity.

    “Canada is stronger now than I’ve ever seen it,” she said in an interview. 

    “All Canadians are concerned about protecting Canada against Trump.”