Canada considering drastic measures that could impact your pocketbook if Trump makes good on tariffs vow
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After meeting with provincial and territorial premiers, outgoing Canadian Prime Minister Justin Trudeau said, ‘everything is on the table’. Canada is looking at taking drastic measures to counter President-elect Donald Trump’s policies if he makes good on his vow to place significant tariffs on its northern neighbor.
![[The president-elect has issued a litany of threats against the Canadians, including attempting to incorporate it into the U.S. and make it the ‘51st state’]](https://static.independent.co.uk/2024/11/30/16/slack-imgs.jpg)
However, the leader of the province of Alberta, Danielle Smith, chose not to include her name on a joint statement that sought to show a united front against Trump’s incoming economic attacks. “Federal government officials continue to publicly and privately float the idea of cutting off energy supply to the U.S. and imposing export tariffs on Alberta energy and other products to the United States,” the leader of the oil-heavy province said on X.
“Until these threats cease, Alberta will not be able to fully support the federal government’s plan in dealing with the threatened tariffs,” she added. Canada supplies the U.S. with about 60 percent of its crude oil imports, making the country the largest supplier of energy to the U.S. A cut-off of supply could cause gas prices to spike in the midwest and through the U.S.
The president-elect has issued a litany of threats against the Canadians, including attempting to incorporate it into the U.S. and make it the “51st state.”. He has also suggested placing 25 percent tariffs on Canada if it doesn’t reduce the flow of fentanyl and illegal immigration coming across the U.S. northern border. However, Trudeau has noted that fewer than 1 percent of illegal crossings and seizures of fentanyl have taken place at the border with Canada.
