With MSNBC host Jonathan Lemire pointing out that Canadian Prime Minister Justin Trudeau has been surprisingly sanguine about Donald Trump's insults and tariff threats, CNBC's Andrew Ross Sorkin claimed the president-elect's taunts are not going unnoticed north of the U.S. border.With Trump wielding...
Summary
Canadian leaders, particularly Ontario Premier Doug Ford, are considering retaliatory measures against Trump’s tariff threats, including restricting U.S. alcohol imports and cutting electricity exports to 1.5 million American homes.
Prime Minister Justin Trudeau has remained relatively calm despite Trump’s provocations, but Ontario’s response signals rising tensions.
Analysts warn that Trump’s tariff policies could provoke significant economic retaliation from Canada, disrupting key cross-border energy supplies and trade.
The situation highlights the potential fallout from escalating U.S.-Canada trade disputes under the incoming administration.
How dumb is Trump that he doesn’t understand basic trade? We have X. Canada has Y. We exchange one for the other. Add or subtract from the deal for the other guy and the same will happen for you.
Where are the people who will lose on that energy transfer?