BlockNews
  • Crypto
  • Finance
  • Politics
  • Memecoins
  • NFT
  • Technology
  • Opinion
No Result
View All Result
FOLLOW
BlockNews
  • Crypto
  • Finance
  • Politics
  • Memecoins
  • NFT
  • Technology
  • Opinion
No Result
View All Result
BlockNews

Canada Prime Minister Vows to Defy Trump’s Aggressive Tariff Hikes​: Declaring Trade War with “Maximum Impact”

by Sham
March 11, 2025
in Finance, Politics, Social
A A
Canada Prime Minister Vows to Defy Trump’s Aggressive Tariff Hikes​: Declaring Trade War with “Maximum Impact”
3
SHARES
Share on TwitterShare on Reddit
  • Canada vows to keep tariffs in place until Trump commits to free and fair trade, escalating tensions.
  • Trump doubles tariffs on Canadian steel and aluminum to 50%, sparking outrage and calls for retaliation.
  • Canada prepares $30 billion in retaliatory tariffs, while opposition leaders demand a matching 50% tariff on U.S. goods.

Incoming Canadian Prime Minister Mark Carney vowed Tuesday to keep tariffs in place against the U.S. until President Donald Trump commits to free and fair trade, escalating tensions between the two nations.

JUST IN: 🇺🇸🇨🇦 Canadian PM Mark Carney vows to keep U.S. tariffs until Americans "show some respect," aiming for "maximum impact" pic.twitter.com/1sXXztKIQV

— BlockNews (@blocknewsdotcom) March 11, 2025

Carney Responds to Trump’s 50% Tariffs

Trump’s decision to double tariffs on Canadian steel and aluminum to 50% has sparked outrage in Canada. Carney called it an attack on Canadian workers and businesses, pledging that his administration would ensure Canada’s retaliation hits the U.S. hard while protecting Canadian industries.

“My government will keep our tariffs in place until the Americans show us respect and commit to fair trade,” Carney stated.

Trump’s Threats and Unorthodox Proposal

Trump, unfazed by market turmoil and rising recession fears, blamed Canada’s electricity pricing as the reason for the tariffs. He also made a bizarre suggestion that Canada should simply become the 51st state of the U.S. to resolve trade disputes.

“The only thing that makes sense is for Canada to become our cherished Fifty-First State,” Trump posted on social media.

Canada’s Counterattack: $30 Billion in Tariffs

Canadian officials are preparing retaliatory tariffs targeting $30 billion worth of U.S. goods, including orange juice, peanut butter, coffee, appliances, cosmetics, and motorcycles.

Ontario Premier Doug Ford criticized Trump’s trade war, warning that if a recession hits, it will be Trump’s recession.

“If we go into a recession, it’s self-made by one person—President Trump,” Ford said on MSNBC.

english.news.cn

Canadian Politicians Call for a Strong Response

Opposition leader Pierre Poilievre called Trump’s move a betrayal of U.S.-Canada relations, demanding that Canada match Trump’s 50% tariffs on American steel and aluminum.

“We are a strong, proud, and sovereign country, and we will fight back against these attacks on our economy and workers,” Poilievre said.

What’s Next in the Trade War?

With both sides digging in, tensions between Canada and the U.S. are at a breaking point. Carney’s tough stance signals that Canada is not backing down, and Trump’s unpredictable trade policies suggest more volatility ahead for global markets.

Tags: CanadaDonald TrumpDoug FordMark CarneyTariffs
Tweet1ShareShare1

DON'T MISS THESE! HOT OFF THE PRESS

JRNY CLUB Announces $JRNY Token and EARN Platform
Breaking News

JRNY CLUB Announces $JRNY Token and EARN Platform

May 7, 2025
Everything You Need to Know About Doodles Upcoming DOOD Token
Crypto

Everything You Need to Know About Doodles Upcoming DOOD Token

May 7, 2025
Federal Reserve Holds Steady as Trump Tariffs Threaten Economic Stability: The Hard Truth Exposed
Finance

Federal Reserve Holds Steady as Trump Tariffs Threaten Economic Stability: The Hard Truth Exposed

May 7, 2025
Mark Cuban Slams Trump’s Crypto Ventures as Self-Serving Disaster: Is This True?
Crypto

Mark Cuban Slams Trump’s Crypto Ventures as Self-Serving Disaster: Is This True?

May 7, 2025
Federal Reserve Holds Rates Steady Amid Tariff Uncertainty: Trump Disappointment Grows
Breaking News

Federal Reserve Holds Rates Steady Amid Tariff Uncertainty: Trump Disappointment Grows

May 7, 2025
U.S. Aims to Become Premier Hub for Digital Asset Innovation, Says Bessent
Crypto

U.S. Aims to Become Premier Hub for Digital Asset Innovation, Says Bessent

May 7, 2025
Load More

Related News

JRNY CLUB Announces $JRNY Token and EARN Platform

JRNY CLUB Announces $JRNY Token and EARN Platform

May 7, 2025
Everything You Need to Know About Doodles Upcoming DOOD Token

Everything You Need to Know About Doodles Upcoming DOOD Token

May 7, 2025
Federal Reserve Holds Steady as Trump Tariffs Threaten Economic Stability: The Hard Truth Exposed

Federal Reserve Holds Steady as Trump Tariffs Threaten Economic Stability: The Hard Truth Exposed

May 7, 2025
Mark Cuban Slams Trump’s Crypto Ventures as Self-Serving Disaster: Is This True?

Mark Cuban Slams Trump’s Crypto Ventures as Self-Serving Disaster: Is This True?

May 7, 2025
Federal Reserve Holds Rates Steady Amid Tariff Uncertainty: Trump Disappointment Grows

Federal Reserve Holds Rates Steady Amid Tariff Uncertainty: Trump Disappointment Grows

May 7, 2025
Discord Twitter Youtube TikTok Instagram

BLOCKNEWS.COM

BlockNews

BlockNews.com is your premier source for real-time cryptocurrency, blockchain, and financial market news.

Our mission is to deliver accurate, timely, and insightful information to help both seasoned investors and newcomers navigate the evolving digital economy.

With in-depth analysis, exclusive insights, and up-to-date news, BlockNews.com keeps you informed on the latest trends in crypto, DeFi, NFTs, tech, and beyond.

Stay ahead of the herd with BlockNews.com

RESOURCES

  • About
  • Newsletter
  • Advertise
  • Terms and Conditions
  • Privacy Policy

POPULAR TOPICS

$ADA $XRP AI Avalanche Binance Bitcoin Bitcoin ETF blackrock Blockchain BTC Business Cardano China Coinbase crypto cryptocurrency Crypto Exchange Crypto Regulation DeFi Dogecoin Donald Trump Elon Musk ETF eth ethereum Federal Reserve FTX Gary Gensler grayscale Memecoin metaverse Microstrategy NFT NFTs PEPE ripple sec Shiba Inu Solana Stablecoin Technology twitter US Web3 xrp

GET QUICKER UPDATES ON X

© 2022-2025 BlockNews.com - Crypto and NFT news website by Aiur Labs.

No Result
View All Result
  • Home
  • Crypto
  • Memecoins
  • Technology
  • Politics
  • Finance
  • NFT
  • DeFi
  • Opinion

© 2022-2025 BlockNews.com - Crypto and NFT news website by Aiur Labs.