Live updates: Trudeau to meet with premiers as details of Trump’s tariffs are revealed
www.ctvnews.ca
U.S. President Donald Trump’s looming tariffs on Canadian imports will be imposed today and are set to take effect on Tuesday. The Canadian federal government has said every option remains on the table, as a potential response to the punishing tariffs. Follow along for live updates

CTV News’ chief political correspondent Vassy Kapelos says Canada was notified this morning by the U.S. that China, Mexico and Canada will be subject to tariffs: 25 per cent across the board with the exception of energy, which will be 10 per cent.

It would take effect on Tuesday and would be in place until the fentanyl overdose issue is sorted.

Minister of Intergovernmental Affairs Dominic LeBlanc and Prime Minister Justin Trudeau will announce a Canadian response at 6 p.m. ET tonight.

A senior government source tells CTV News that Ottawa is expecting something formal at 2 p.m. EST. Cabinet is set to meet at 3 p.m. EST.

    • grte@lemmy.ca
      17·
      19 hours ago

      The fentanyl thing is the manufactured crisis he needs to circumvent CUSMA without congressional approval. What’s really in his heart I couldn’t say, but we could end the cross border drug trade entirely and it wouldn’t change anything.

      • Voroxpete@sh.itjust.works
        2·
        29 minutes ago

        Nice to see I’m not the only person pointing this out. Yeah, he needs to invoke the IEEPA in order to be allowed to impose tariffs by executive order.

      • Tm12@lemmy.caEnglish
        11·
        19 hours ago

        I suspect he wants a renegotiation of “the best trade deal ever”. If I’m not mistaken, the earliest he can pull out is when they meet in July ‘26 with a 6 month notice. This coincides with Midterms where tariffs could have electoral consequences.

        • Voroxpete@sh.itjust.works
          1·
          19 minutes ago

          What he wants is autarky.

          Trump has always had this really skewed understanding of business and trade where he sees everything as a zero-sum game (whatever someone else gains, you must be losing). This, combined with his middle school understanding of economics, causes him to see trade deficits as fundamentally negative, as if they somehow represent money that the country is losing.

          This just isn’t how reality works. I could look at the balance of trade between me and my grocery store and it would be 100% negative, but I’m still getting food in return for the money I spend. The question is “Am I getting good value for money, and am I spending within my means?” Trade deficits haven’t really mattered since we all moved off of precious metal backed currencies.

          Trump doesn’t get that, so he thinks it’s somehow important for the US to at least run a surplus with all their trade partners, or better yet simply not trade at all and keep the entire economy 100% self contained.

          Also, on a more personal level, he just wants trade wars because they make him feel good. He’s a deeply insecure man and slapping tariffs on other countries feels big and muscular, like he’s swinging punches but with money. That’s why his tariffs are always blanket, never precisely targeted.

          That’s why NAFTA got renamed to the USMCA; a new name that put America first made Trump feel like he was getting a win.