Canadian Foreign Minister: Americans face ‘Trump Tariff Tax’ if 25% tariff is imposed

Canadian Foreign Minister: Americans face ‘Trump Tariff Tax’ if 25% tariff is imposed

AP NEWS

TORONTO (AP) — Canada’s foreign minister on Friday warned Americans they will be paying a “Trump tariff tax” if President-elect Donald Trump follows through with a threat to impose a 25% tariff on all Canadian goods.

Foreign Minister Mélanie Joly said that Canada is ready to retaliate and put maximum pressure on the United States.

“If we need to retaliate we will do so. And Americans will discover Trump’s tariff tax,” Joly said after meeting with U.S. senators in Washington.

Trump has threatened to impose sweeping 25% tariffs on Canada as well as on Mexico and other trading partners, creating a sense of uncertainty about whether this is simply a negotiating ploy or a massive restructuring of U.S. foreign relations.

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Canadian Foreign Minister: Americans face 'Trump Tariff Tax' if 25% tariff is imposed

 

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