By Gwurld4026 
Canada Reacts: Trudeau’s Take on Trump’s Tariffs
Canadian Prime Minister Justin Trudeau has sharply criticized U.S. President Donald Trump’s decision to impose 25% tariffs on nearly all Canadian exports, labeling the move as “very dumb.” Trudeau argued that there is no justification for these actions, stating that Canada will not back down from a trade conflict initiated by the U.S.
In retaliation, Canada has implemented 25% tariffs on $30 billion worth of U.S. goods, with plans to extend these measures to an additional $125 billion within 21 days if the U.S. tariffs remain in place. Trudeau emphasized that these counter-tariffs are a direct response to the U.S.’s unjustified actions.
The trade dispute has led to significant market volatility, with the U.S. dollar hitting a three-month low and major stock indices experiencing notable declines. The tensions have raised concerns about a potential global trade war and its economic implications.
Trudeau also criticized Trump’s justification for the tariffs, which cited concerns over drug trafficking and protecting domestic jobs. He presented data showing that only about 1% of fentanyl imports and illegal border crossings to the U.S. originate from the Canadian border, challenging the rationale behind the tariffs.
The dispute underscores the fragility of trade relationships and the potential consequences of protectionist policies. Both Canada and Mexico, heavily invested in free trade, now face significant economic challenges as they navigate the fallout from the U.S.’s tariff decisions