Tuesday, January 28, 2025

Canada Can't Fight Trump's Tariffs and the Liberals Know It

 Jingoism is easy when you reflexively hate Americans:

The federal government is planning a stimulus package to help businesses and Canadians if U.S. President Donald Trump imposes tariffs on Canadian goods, but the scale of the relief will depend on the scope of the tariffs, sources tell CTV News.

The sources also say that the aid could reach pandemic-level relief, but the response will be contingent on how big Trump’s tariffs are. Specific programs also have yet to be designed, according to sources.

In late November, Trump threatened to impose a 25 per cent tariff on all imports from Canada and Mexico on day one of his second term. While the commander-in-chief didn’t follow through on that threat, Trump has ordered a study into alleged unfair trade practices by April 1 but said during a signing ceremony for a flurry of executive orders last week that he’s considering levying tariffs as soon as Feb. 1.

Speaking to reporters on Tuesday afternoon, White House Press Secretary Karoline Leavitt said Trump’s Feb. 1 date “still holds.”

 

Now, where is this money coming from? 


I can't help but thinking that if we had a real economist run this country, Trump would not be so free with his threats.


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