• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Canada-US Tensions: Trump Threatens 25% Tariffs on Canadian Goods

user avatar

by Giorgi Kostiuk

a year ago


Tensions between Canada and the US reached a critical point after President Trump's threat of 25% tariffs on Canadian goods and his suggestion that Canada become the 51st state.

Trudeau Meets with Trump

Canadian Prime Minister Justin Trudeau traveled to Mar-a-Lago to meet with US President Donald Trump. Following a tense three-hour meeting, Trump did not retract his idea of imposing 25% tariffs and proposed that Canada become the 51st state of the US.

Canada's Reaction

Conservative Party leader Pierre Poilievre outright rejected Trump's proposal, stating that 'Canada will never be the 51st state.' Protests against this statement erupted across various regions in Canada, where citizens mocked the idea on social media.

Economic Impact

Economically, Trump's proposals strike a blow to Canada's major industries. In response, Canada is preparing retaliatory measures, including imposing tariffs on US goods and taxes on oil and natural gas exports, which could significantly raise energy prices in the US.

The conflict between Canada and the US has the potential to cause serious harm to both countries' economies and negatively impact the world's largest trading partnership. While leaders of both countries show no signs of optimism, their citizens are left to watch the situation unfold.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

CryptoAppsy Launches as Your Ultimate Cryptocurrency Management Tool

chest

CryptoAppsy has been introduced as a user-friendly app for managing cryptocurrency investments.

user avatarZainab Kamara

CryptoAppsy Features Smart Price Alerts for Users

chest

The app includes a smart price alerts feature to notify users of significant price changes.

user avatarAyman Ben Youssef

CryptoAppsy Offers Tailored News Feed for Investors

chest

The app provides a news section that filters relevant news for users' portfolios.

user avatarTando Nkube

CryptoAppsy: A Comprehensive Tool for Cryptocurrency Management

chest

CryptoAppsy is a versatile app for managing cryptocurrency investments, offering real-time data, portfolio management, and tailored news feeds for users.

user avatarSon Min-ho

TAO Forms Wave IV Triangle Amidst Price Compression

chest

TAO is currently trading within a contracting wave iv triangle, indicating a potential wave v breakout as price tests lower support.

user avatarKofi Adjeman

Analysts Identify Buying Strength in Ether Market

chest

Analysts have observed a breakout in the On-Balance Volume indicator for Ether, signaling potential upward price movement despite recent price rejections.

user avatarSatoshi Nakamura

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.